Brief: Polytec Holding closes acquisition of division Plastic Solutions from voestalpine Group

Polytec Holding AG

26/11/2014 13:10

Nov 26 (Reuters) - POLYTEC HOLDING AG  POLV.VI : 
    * Announces closing of acquisition of division Plastic 
Solutions from voestalpine Group 
    * Says regarding acquisition effects expects for 2014 an 
increase in total balance sheet of about 50 million euros and as 
results a reduction in equity ratio of about 4 pct-points 
    * Says integration is expected to contribute positive to 
polytec groups consolidated results 
 
Source text for Eikon:  ID:nPex72zbd8  
Further company coverage:  POLV.VI  
 
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Keywords: POLYTEC HOLDING/BRIEF