EQS-News: Semperit finalizes sale of the remaining medical business

EQS-News: Semperit AG Holding / Key word(s): Disposal
Semperit finalizes sale of the remaining medical business

01.07.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Semperit finalizes sale of the remaining medical business

Vienna, July 1, 2024 – Semperit has completed the sale of the medical
business and transferred the remaining production and packaging of
surgical gloves to the buyer of the entire medical business, the Southeast
Asian Harps Global, as agreed. Combined under the discontinued operations
“Surgical Operations”, these activities were most recently carried out as
contract manufacturing for Harps Global.

“After we had already sold and handed over the majority of the glove
business to Harps in 2023, we have now been able to place the remaining
part in the hands of the new, responsible owner early and terminate the
contract manufacturing. This means that Semperit has exited the glove
business completely, and we are concentrating 100% on implementing our
growth strategy as a leading specialist in elastomer products for
industry,” says Semperit’s CEO Karl Haider.

The second and final closing of the sale of the medical business took
place with effect from June 30, 2024, and comprised the sale of the
operation for the contract manufacturing of surgical gloves in Wimpassing,
Austria, and the 100% stake in the Hungarian company Sempermed Kft., which
carries out their packaging in Sopron, Hungary. The sales price (cash and
debt free) amounts to EUR 7 million and is subject to the usual price
adjustment mechanisms.

 

Contact:

Bettina Schragl Judit Helenyi
Director Group Communications, IR Director Investor Relations
and     Brands/Spokeswoman  
+43 676 8715 8257 +43 676 8715 8310
[1]bettina.schragl@semperitgroup.com [2]judit.helenyi@semperitgroup.com

 

[3] www.semperitgroup.com

[4] www.linkedin.com/company/semperit-ag

 

 

About Semperit

The publicly listed Semperit AG Holding is an internationally oriented
group of companies that develops, produces and sells high-quality
elastomer products and applications for industrial customers in over 100
countries worldwide through its two divisions Semperit Industrial
Applications and Semperit Engineered Applications. With its highly
efficient production and cost leadership, the Semperit Industrial
Applications division focusses on industrial applications in connection
with large-scale production, including hydraulic and industrial hoses as
well as profiles. The Semperit Engineered Applications division comprises
the production of escalator handrails, conveyor belts, cable car rings,
other engineered elastomer products, as well as the Rico Group, and
focuses on customized technical solutions. The traditional Austrian
company was founded in 1824 and is headquartered in Vienna. The Semperit
Group employs around 4,300 people worldwide and has 16 production sites
and numerous sales offices in Europe, Asia, Australia and America. In the
2023 financial year, the Group generated revenue of EUR 721.1 million and
EBITDA of EUR 71.8 million.

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01.07.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Semperit AG Holding
Am Belvedere 10
1100 Wien
Austria
Phone: +43 1 79 777-310
Fax: +43 1 79 777-602
E-mail: judit.helenyi@semperitgroup.com
Internet: www.semperitgroup.com
ISIN: AT0000785555
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1936229

 
End of News EQS News Service

1936229  01.07.2024 CET/CEST

References

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1. mailto:bettina.schragl@semperitgroup
2. judit.helenyi@semperitgroup.com
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