Gurit concludes sale of operationally redundant real estate in Ittigen/Bern

 

 
Zürich, September 19, 2012. Gurit (SIX Swiss Exchange: GUR) signed today an agreement regarding the sale of operationally redundant real estate in Ittigen/Bern with a group of Bernese entrepreneurs. The buyers plan to expand their industrial presence on the land.
 

Gurit will receive from this transaction a small, single-digit million amount in Swiss Francs, which includes a minor book gain.

 

Excluding a small piece of land in Wattwil/SG, Gurit with this transaction has now completed the sale of operationally redundant property.