HIAG IMMOBILIEN HOLDING AG Media Release
HIAG Sells Remaining Paper Machines of Former Biberist Paper Mill
Basel, 23 July 2018 - While the dismantling work of the paper machine no. 9, sold in 2017, is almost completed, the two remaining production lines no. 6 and no. 8 at the Papieri site in Biberist (SO) have been successfully sold. The paper machines will be installed in Romania, the United Kingdom and Egypt. Disassembly of the installations should be completed by early 2019. A first step has already been taken towards reviving the vacated halls: Private initiators opened the event club P9, inspired by and reminiscent of the site's landmark paper machine no. 9.
Contact
Martin Durchschlag Chief Executive Officer T +41 61 606 55 00 martin.durchschlag@hiag.com | Laurent Spindler Chief Financial Officer T +41 61 606 55 00 laurent.spindler@hiag.com |
HIAG Immobilien Holding AG
Aeschenplatz 7
4052 Basel
T +41 61 606 55 00
investor.relations@hiag.com
www.hiag.com
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