EQS Group-News: Arbonia AG
/ Key word(s): Disposal
Arbon, 1 September 2021 - The closing of the sale of the Windows Division to the Danish DOVISTA Group, announced on 5 January 2021, took place yesterday, 31 August 2021, after all relevant competition authorities gave their approval. A significant portion of the sales proceeds of around CHF 345 million was and will be used to increase profitable growth further by rapidly further developing and strengthening the two remaining HVAC and Doors Divisions, primarily organically as well as through targeted acquisitions. Various strategic initiatives are already being considered and implemented. In addition, part of the proceeds of the sale will be used to optimise the balance sheet structure. Contact
End of Media Release |
Language: | English |
Company: | Arbonia AG |
Amriswilerstrasse 50 | |
9320 Arbon | |
Switzerland | |
Phone: | +41 71 447 41 41 |
E-mail: | holding@arbonia.com |
Internet: | www.arbonia.com |
ISIN: | CH0110240600 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1230302 |
End of News | EQS Group News Service |
|
1230302 01.09.2021
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.