Von Roll: Sale of two minor activities.
Zurich, 2004-6-4
On June 1, 2004 Von Roll Isola divested of two minor production units in the context of its effort to focus on strategically important and profitable market segments.
The unit in Sao Paolo, Brazil, producing composite materials was sold to a locally active company, Eletrisol. Von Roll has retained its sales activities in the electrical insulation sector as well as the production of mica-based material in Brazil.
In Düren, Germany, Von Roll Isola sold the production of filament-wound tubes to Xperion. All other business activities in Düren will be continued.
Both units are of only minor importance to Von Roll in terms of volume, however these sales will help to improve the company's earnings.