Dynamics Group AG, corporate

Dynamics Group AG,

26.10.2017 - 18:08:47

EQS-News: Saint-Gobain extends its agreement with the Burkard family until mid-2018

26 October, 2017 BURKARD FAMILY - PRESS RELEASESaint-Gobain extends its agreement with the Burkard family until mid-2018  

Baar - Saint-Gobain has informed the Burkard family that it exercises the option to extend the agreement to six months. The agreement concerning the sale of the Schenker-Winkler Holding (SWH) is now valid until 30 June 2018. Saint-Gobain retains the right to extend the agreement until 31 December 2018.  

Urs Burkard, spokesperson of the founding family of Sika, stated: «The renewed extension of the agreement underlines the will and the mutual trust of both parties to bring this transaction to a successful closing». The family considers Saint-Gobain as the ideal successor as anchor shareholder and industrial partner for Sika to build the long-term successful future of the company.  

For further information: Media Relations c/o Dynamics Group Andreas Durisch adu@dynamicsgroup.ch +41 79 358 8732

Additional features:Document: http://n.eqs.com/c/fncls.ssp?u=UUTWRBOGEBDocument title: SWH_Extension_20171026

End of Corporate News

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