Amer Sports divests an industrial site in Rumilly, France
(Thomson Reuters ONE) -
Amer Sports Corporation
STOCK EXCHANGE RELEASE
October 29, 2010 at 4:45 pm
Amer Sports Corporation has today divested its unused manufacturing site in
Rumilly, France. The transaction consists of 15 hectares of land and 35,000 m²
of buildings. The transaction price totals EUR 8 million and a capital gain of
EUR 7.4 million will be reported in Amer Sports' fourth quarter result as a non-
recurring item. The purchaser is the French group Ecologgia.
Production of skis, bindings and cycling components at the Rumilly facility was
closed down at the end of 2008 as part of measures to improve efficiency in Amer
Sports' Winter Sports Equipment business. The ski manufacturing was relocated to
Amer Sports' factories in Austria and Bulgaria, and the production of cycling
components was transferred to Annecy in France.
The group Ecologgia is planning to construct an innovative industrial center
specializing in wood technology.
For further information, please contact:
Päivi Antola, Director, IR and Financial Communications, tel. +358 9 7257 8233
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com
AMER SPORTS
Amer Sports (www.amersports.com) is one of the world's leading sports equipment
companies with internationally recognized brands including Salomon, Wilson,
Precor, Atomic, Suunto, Mavic and Arc'teryx. All Amer Sports companies develop
and manufacture technically advanced products that improve the performance of
active sports participants. The Group's business is balanced by its broad
portfolio of sports and presence in all major markets. Amer Sports' shares are
quoted on the NASDAQ OMX Helsinki.
[HUG#1457268]
Amer Sports divests an industrial site in Rumilly, France:
http://hugin.info/3020/R/1457268/397026.pdf
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Source: Amer Sports Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 29.10.2010 - 15:45 Uhr
Sprache: Deutsch
News-ID 48227
Anzahl Zeichen: 2563
contact information:
Town:
Helsinki
Kategorie:
Business News
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