Press Releases

Today, Sulzer has successfully launched a new CHF-denominated 2.25% domestic bond issue in the aggregate principal amount of CHF 500 million for a term of 5 years (due date July 11, 2016). The capital will be deployed as part of the financing of the acquisition of Cardo’s Flow Solutions business announced in April for a total cash consideration of SEK 5.9 billion (CHF 858 million¹).
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Ton Büchner, President and Chief Executive Officer of Sulzer, has decided to leave Sulzer in order to pursue a career opportunity outside the company. He will become the CEO of AkzoNobel, a coatings and specialty chemicals company, headquartered in Amsterdam, the Netherlands. Ton Büchner will leave Sulzer in the fourth quarter of 2011. A search process will start immediately, and his successor will be announced in due course.
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The acquisition of the privately-owned maintenance specialist C.L. Engenharia Ltda. in Brazil was closed as of beginning of June 2011.
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Sulzer today releases indicators for its social and ecological performance in 2010. The data were assessed by the external assurance company SGS and are available under www.sulzer.com/sustainability . Sulzer reduced the frequency of accidents by a further 20% to 4.4 cases per million working hours in 2010. Measures were initiated to improve energy efficiency. Starting this year, environmental pro...
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