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EQS-Adhoc: Arbonia improves competitiveness through further consolidation of flat panel radiator production

EQS Group-Ad-hoc: Arbonia AG / Key word(s): Miscellaneous


Arbonia improves competitiveness through further consolidation of flat panel radiator production


26-Nov-2021 / 07:00 CET/CEST


Release of an ad hoc announcement pursuant to Art. 53 LR


The issuer is solely responsible for the content of this announcement.



Arbon, 26 November 2021 - The Heating, Ventilation and Air Conditioning (HVAC) Division of Arbonia is advancing the consolidation of its flat panel radiator production volume at its highly automated plant locations with the planned closure of the production plant in Tubbergen (NL). By increasing capacity utilisation and productivity at the remaining locations as well as further centralising know-how in the competence centres, the division is further enhancing its competitive position as a best-in-class provider of radiators.
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