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BRIEF-Gurit Holding acquires BASF PET business
December 1, 2016 / 6:05 AM / a year ago

BRIEF-Gurit Holding acquires BASF PET business

Dec 1 (Reuters) - Gurit Holding AG said Thursday

* Acquires BASF’s pet business

* Acquired BASF’s pet structural foam business for an undisclosed purchase price

* Transaction comprises BASF’s pet operations in Italy, including its staff, operating assets and product IP in form of an asset deal

* BASF pet business generated a low single digit million Swiss francs turnover in 2016 Source text for Eikon: Further company coverage: (Reporting By Zurich newsroom)

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