Schweiter Technologies - Media Release 23 May 2012
(Thomson Reuters ONE) -
Schweiter Technologies /
Schweiter Technologies - Media Release 23 May 2012
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Horgen, May 23, 2012 - As part of the ongoing focus on the core business with
lightweight components for the mass transportation sector and industry, Airex
Composites Structures in Altenrhein, which belongs to 3A Composites, is
divesting its Automotive unit.
Airex Composites Structures has signed an agreement with Wethje Carbon
Composites Group in Hengersberg, Germany, on the sale of the unit's assets and
orders at hand for an amount in the low single-digit million range. The
Automotive unit generated revenues of around CHF 6 million per year in the past.
As part of this focus on the core business, all jobs at the Altenrhein site will
be retained. The transaction should be concluded by the end of June 2012.
For further information:
Martin Klöti, Head of Management Services
Tel. +41 44 718 33 03, fax +41 44 718 34 51, info(at)schweiter.com
Schweiter Technologies AG, Neugasse 10, CH - 8810 Horgen, Switzerland
Telefon +41 44 718 33 03 Fax +41 44 718 34 51 info(at)schweiter.com
www.schweiter.com
Please find the Media release in the PDF attached:
Media release (PDF):
http://hugin.info/100347/R/1614003/514103.pdf
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Source: Schweiter Technologies via Thomson Reuters ONE
[HUG#1614003]
Unternehmensinformation / Kurzprofil:
Datum: 23.05.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 149121
Anzahl Zeichen: 2103
contact information:
Town:
Horgen
Kategorie:
Business News
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