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Acquisition of Alcan Composites completed

Horgen, 30. November 2009 – Schweiter Technologies’ acquisition of Alcan Composites, announced in September 2009, was closed as of November 30, 2009.

Alcan Composites is the global market leader in core materials for sandwich constructions, particularly for use in wind farms. The company is also a leading player in other segments, such as composite panels for high-quality facades and display applications. Its best-known brands are Airex, Alucobond Baltek, Dibond, Forex, Gator, Kapa and Sintra.

In 2008, pro forma consolidated sales of the acquired Alcan Composites reached USD 859 million.