EQS Group-Ad-hoc: Gurit Holding AG / Key word(s): Agreement/Contract
Zurich, March 1, 2021 - Gurit (SIX Swiss Exchange: GUR) announces a three-year core material kit engineering and supply contract with a major wind turbine manufacturer. The agreement is a continuation of a long-standing partnership with similar volumes and is expected to generate net sales of CHF 270-350 million over the 2021-2023 period. The contract will generate business for all ten kitting sites, including the new facilities being set up in India. Gurit Kitting will provide additional benefits with the reduction of the Total Cost of Ownership for the customer through innovative design solutions.
'The extension of our existing partnership is the result of our team's ability to deliver consistent high quality and builds on our global footprint and focus on innovative engineered core kits.' says Andreas Kipker, General Manager of Gurit's Kitting business unit.
End of ad hoc announcement
|Company:||Gurit Holding AG|
|Listed:||SIX Swiss Exchange|
|EQS News ID:||1171815|
|End of Announcement||EQS Group News Service|
1171815 01-March-2021 CET/CEST