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Nibe Group to divest a minority stake in Schulthess Maschinen
May 10, 2019

The NIBE Group is divesting Schulthess Maschinen AG at an EV of CHF 150m and becomes the majority shareholder in a new ownership structure together with Helvetica Capital AG. NIBE Group will initially hold 51% of the shares during at least the coming three-year period. The partly divested company manufactures washing machines and drying tumblers.

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