Schweiter Technologies: 3A Composites divests k...

Schweiter Technologies / Schweiter Technologies: 3A Composites divests kitting business in USA . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Horgen, October 1, 2013 - 3A Composites, a division of Schweiter Technologies has signed and closed the divestment of its non-strategic 100% membership interest in Windkits LLC to JSB Group A/S, Denmark. The sales price is in the low single-digit million range.

Windkits LLC, located in Allentown, Pennsylvania, USA., is in the business of manufacturing core material kits for wind turbine blades in North America.

For further information, please contact:
Martin Klöti, Head of Management Services
Tel. [phone], fax [phone], [e-mail]

Schweiter Technologies AG, Neugasse 10, CH - 8810 Horgen, Switzerland
Tel. [phone] Fax [phone] [e-mail]
www.schweiter.com

Please find the Media release in the PDF attached:

Media release (PDF)

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Source: Schweiter Technologies via Thomson Reuters ONE

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