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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   2. mailto:judit.helenyi@semperitgroup.com
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