Gurit apprised of the sale of its Aerospace business to Isovolta Group, a manufacturer of composites based in Austria. The signing and closing of the transaction took place concurrently and will be effective April 13, 2022.
The divestment of the Aerospace business is in line with Gurit's strategy to focus its activities on the Wind turbine industry as well as on the Marine and Industrial markets that Gurit intends to strengthen further.
Considering this transaction, Gurit now expects its 2022 revenue to be around CHF 410-450 million and an operating profit margin between 5.5% and 8.0%. The company will provide more details on the financial impact of this transaction in its half year results.
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Gurit Divests Aerospace Business to Isovolta
Published : May 15, 2026
