Oerlikon sells former Saurer property
Oerlikon announces that it sold the former Sauer plant II in Arbon (CH)
The acquirer is HRS Investment AG, Frauenfeld (CH) has paid CHF 35 million and Saurer will lease back 14000 m2. The property was owned by the company since 2007 and in line with the acquisition of Saurer Group. In the lapse of time production and office space was reduced from 76000 m2 to the mentioned size and around 100 people are actually working there.