Current NewsVienna, April 17, 2009 PRESS RELEASE NO. 3/2009 SEMPERIT In the course of ongoing international expansion Semperit AG Holding takes over the remaining 26% of the shares of Sempertrans Nirlon, India, from its former local joint-venture partner. This transaction makes Semperit the sole shareholder of Sempertrans Nirlon. Sempertrans Nirlon manufactures textile conveyor belts and targets mainly the Indian home market. In 2008 the installation of a complete new production line almost doubled the capacity. This investment constitutes the basis of further growth in India as well as for increased export to the whole Asian region. Please direct any inquiries to: |
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Semperit Aktiengesellschaft Holding | Modecenterstraße 22 | A-1031 Wien
Tel: +43 1 79777 0 | Fax: +43 1 79777 600
E-Mail: office(at)semperit.at | E-Mail: investors(at)semperit.at