The net transaction value was approximately CHF 83 Million. In addition, there is a value attached to already signed sales contracts for various properties, for which closing is expected during the course of the next three years.
At the end of September, the divestiture of the real estate services to Auwiesen Immobilien AG was already closed for a value of CHF 2.5 Million.
In 2010, Sulzer expects an EBIT contribution of approximately CHF 45 million from the sale of Sulzer Immobilien AG.
The two purchasing companies retain all employees of Sulzer Immobilien. The implementation of Sulzer’s long-term strategy of selling all operationally non-essential real estate in Switzerland to third parties has been successfully concluded with these last steps.
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