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Von Roll Hol­ding AG: Sale of Von Roll Aus­tral, Inc. North America

Au/Wädenswil, May 26, 2017 — The Von Roll Hol­ding AG is sel­ling one of a total of four loca­ti­ons in the USA, and is ther­eby con­sist­ent­ly con­ti­nuing the rea­lign­ment initia­ted in the past year.

Dr. Chris­ti­an Hen­ner­kes, CEO: “The sale of our sub­si­dia­ry Von Roll Aus­tral marks ano­t­her important step in focu­sing on our more pro­fi­ta­ble core are­as. We are thus par­ting with a peri­pheral acti­vi­ty, which is neit­her suf­fi­ci­ent­ly scala­b­le in the short and medi­um term nor in line with our future pro­fi­ta­bi­li­ty targets. ”

Von Roll Aus­tral in Dou­glas­vil­le now employs about 40 employees and pro­du­ces various wire pro­ducts for smal­ler repair shops as well as for com­pe­ting wire pro­du­cers to cover peak loads.

All other acti­vi­ties of the Von Roll Group in the wire busi­ness, par­ti­cu­lar­ly in Fran­ce and India, are con­ti­nued unal­te­red and expan­ded fur­ther in attrac­ti­ve spe­cial segments.

 

About Von Roll Hol­ding AG: As a Swiss indus­tri­al com­pa­ny, Von Roll Hol­ding AG focu­ses on pro­ducts and sys­tems for power genera­ti­on, trans­mis­si­on and dis­tri­bu­ti­on. Von Roll is a glo­bal mar­ket lea­der for electri­cal insu­la­ti­on pro­ducts, sys­tems and ser­vices and has a world­wi­de pre­sence in 29 sites with around 1,700 employees.

 

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/.