Sale of non-ope­ra­tio­nal land at the Brei­ten­bach site

Brei­ten­bach, April 1, 2021 — The Von Roll Group has suc­cee­ded in sel­ling the land at the Brei­ten­bach site that has been unused for years. The buyer is Stei­ner Invest­ment Foun­da­tion, which works clo­sely with Stei­ner AG, one of the lar­gest real estate deve­lo­pers in Switzerland.

The trans­fer is very attrac­tive for both par­ties. The land acqui­red by Stei­ner Invest­ment Foun­da­tion is cen­trally loca­ted in the com­mu­nity of Brei­ten­bach and is the­re­fore sui­ta­ble for the expan­sion of resi­den­tial and com­mer­cial space. With the sale, the Von Roll Group rea­li­zes a high cash inflow, which will be inves­ted com­ple­tely for future growth.

The pro­duc­tion and admi­nis­tra­tion cur­r­ently loca­ted at the Brei­ten­bach site will stay in full ope­ra­tion on the remai­ning land in the future.

About Von Roll Hol­ding AG: As a Swiss indus­trial com­pany, Von Roll Hol­ding AG focu­ses on pro­ducts and sys­tems for power genera­tion, trans­mis­sion, sto­rage and dis­tri­bu­tion. Von Roll is a glo­bal mar­ket lea­der for electri­cal insu­la­tion pro­ducts, sys­tems and ser­vices and has a world­wide pre­sence in 14 sites with around 1,000 employees. The com­pany sup­plies cus­to­mers in over 80 countries.

Con­tact

Clau­dia Güntert
Head of Cor­po­rate Communications
& Inves­tor Relations
T +41 61 785 52 36
F +41 61 785 58 92
E press@vonroll.com

This press release is based on infor­ma­tion cur­r­ently avail­able. Unfo­re­see­able risks and influ­en­ces may lead to dis­crepan­cies with the state­ments made here. For more infor­ma­tion on the com­pany and its busi­ness per­for­mance, please refer to the Annual and Semi-Annual Report of Von Roll Hol­ding AG which is avail­able in digi­tal form at https://www.vonroll.com/en/.