Gurit H1 2023 Results slide image

Gurit H1 2023 Results

Gurit Gurit acquires the remaining 40% share of Fiberline Agreement reached on Aug. 15th to acquire the remaining 40% from Thorning family. Purchase price of maximum EUR 28.15 million (cash deal and earn-out provision) Full integration of Structural Profiles will strengthen Gurit's position as solution provider Cost-optimisation of operations has been initiated with further plans in progress Starting to leverage synergies (global procurement, China sales) Extended the product portfolio of Structural profiles by strategically collaborating with Owens Corning, to jointly developing and sell High Modulus Glass pultruded profiles to the Wind industry CARBON PULTRUSION WIND TURBINE STRUCTURES BLADE ROOT REINFORCEMENTS Gurit H1 2023 Results | 16/08/2023 | 6
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