Brief: Geberit says selling Koralle Group to AFG Arbonia-Forster

Arbonia AG

29/06/2016 05:55

June 29 (Reuters) - Geberit AG  GEBN.S  
    * Is selling Koralle Group to AFG Arbonia-Forster-Holding 
AG, effective 1 July 2016 
    * The provider of shower enclosures, which primarily 
operates in the Swiss, German And Austrian markets, generated 
net sales of around eur 40 million in 2015 with a workforce of 
240 
    * Both contracting parties have agreed not to disclose the 
purchase price 
 
Source text for Eikon: [http://www.geberit.com/files/media-releases/2016/media-release-29-june-2016-1519671.pdf 
] 
Further company coverage:  GEBN.S  
 
 (Reporting by Zurich Newsroom) 
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