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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
Contact Mr Thomas Nauer +41 44 316 15 55
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Gurit Holding AG

Gurit acquires majority share in Fiberline Composites A/S

(PresseBox) (Zürich, )
Gurit (SIX Swiss Exchange: GUR) today announced the acquisition of a 60% share of Fiberline Composites A/S, a technology-leading manufacturer of pultruded carbon and glass fiber products used in the wind blade production. The signing took place on April 27, with closing expected before the end of May 2022.

Fiberline Composites, headquartered in Middelfart, Denmark, operates production sites in Denmark and China and employs around 300 employees. The company serves major wind turbine OEMs around the world. Founded in 1979, the company recently specialized in pultruded carbon and glass blade spar components and blade root inserts. Fiberline reached annual net
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