Gurit Holding AG

M&A Activity • May 5, 2022

News Details

Ad-hoc | 5 May 2022 18:24

Gurit reports successful closing of acquisition of majority share in Fiberline Composites A/S

Gurit Holding AG / Key word(s): Acquisition

05-May-2022 / 18:24 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 LR

The issuer is solely responsible for the content of this announcement.

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Zurich, May 5, 2022 – Ad hoc announcement pursuant to Art. 53 LR

Gurit (SIX Swiss Exchange: GUR) today reports the successful closing of the acquisition of a 60% share of Fiberline Composites A/S, as announced on April 28, 2022.

With the acquisition of Fiberline, a technology-leading manufacturer of pultruded carbon and glass fiber products, Gurit has successfully enhanced and strengthened its product offering for the Wind Energy market.

To introduce the Fiberline business more in detail and provide more background to the strategic rationale of the acquisition, Gurit will hold an Investor & Analyst conference call on May 10 at 09:00 CEST. The conference will be accessible via the following weblink: https://www.gurit.com/en/investors/webcasts . Financial Analysts and Media Representatives are kindly asked to register by May 9 via e-mail to investor@gurit.com .

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End of ad hoc announcement

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Language:	English
Company:	Gurit Holding AG
	Thurgauerstrasse 54
	8050 Zurich
	Switzerland
Internet:	https://www.gurit.com/
ISIN:	CH0008012236
Valor:	801223
Listed:	SIX Swiss Exchange
EQS News ID:	1345317

End of Announcement	EQS News Service