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Gurit Concludes Sale of Operationally Redundant Real Estate in Ittigen

25 September 2012

Gurit has signed an agreement regarding the sale of operationally redundant real estate in Ittigen, Switzerland, with a group of Bernese entrepreneurs.

Gurit will receive a small, single-digit million amount in Swiss Francs, from this transaction, which includes a minor book gain. Excluding a small piece of land in Wattwil, Switzerland, Gurit has now completed the sale of operationally redundant property.