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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
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Gurit Holding AG

Gurit sells Automotive Business to Carbopress

(PresseBox) (Zurich, )
Gurit (SIX Swiss Exchange: GUR) announces the sale of the full equity in Gurit Hungary Kft to Carbopress S.p.A., an Italian based advanced composite parts manufacturer.

On October 29th, 2019 Gurit announced to close the automotive business in summer 2020 following a divestment process which did not result in a transaction. Subsequently, Carbopress expressed interest in acquiring the business which lead ultimately to the sale.

The signing and closing of the transaction occurred concurrently. The parties have agreed silence over the selling price. Gurit Hungary employs 144 staff members. The transaction is P&L and cash neutral to Gurit.



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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.