30.06.2011 – 18:29

Polytec Holding AG

EANS-News: Polytec Holding AG
POLYTEC GROUP announces the closing of the disposal of the Interior business

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Mergers - Acquisitions - Takeovers


Hörsching (euro adhoc) - Today the sale of the interior business, as announced
"ad hoc " on June 6, 2011, was successfully closed.

The disposal of the interior segment strengthens POLYTEC´s position in its core
business and will lead to an increase in the group´s average operating margin.
POLYTEC GROUP will use its further improved financial situation as well as the
stability of the balance sheet to take advantage of the growth opportunities
given by the market.


Further inquiry note:
Manuel TAVERNE
POLYTEC GROUP           
Investor Relations
Tel.+43(0)7221/701-292    
manuel.taverne@polytec-group.com

end of announcement                               euro adhoc 
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company:     Polytec Holding AG
             Linzer Straße 50
             A-4063 Hörsching
phone:       +43 (0) 7221 / 701-0
FAX:         +43 (0) 7221 / 701-0
mail:         investor.relations@polytec-group.com
WWW:      www.polytec-group.com
sector:      Industrial Components
ISIN:        AT0000A00XX9
indexes:     ATX Prime
stockmarkets: official market: Wien 
language:   English