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2010-10-29 15:45:00 CEST 2010-10-29 15:45:14 CEST REGULATED INFORMATION Amer Sports - Company AnnouncementAmer Sports divests an industrial site in Rumilly, FranceAmer Sports Corporation STOCK EXCHANGE RELEASE October 29, 2010 at 4:45 pm Amer Sports Corporation has today divested its unused manufacturing site in Rumilly, France. The transaction consists of 15 hectares of land and 35,000 m² of buildings. The transaction price totals EUR 8 million and a capital gain of EUR 7.4 million will be reported in Amer Sports' fourth quarter result as a non- recurring item. The purchaser is the French group Ecologgia. Production of skis, bindings and cycling components at the Rumilly facility was closed down at the end of 2008 as part of measures to improve efficiency in Amer Sports' Winter Sports Equipment business. The ski manufacturing was relocated to Amer Sports' factories in Austria and Bulgaria, and the production of cycling components was transferred to Annecy in France. The group Ecologgia is planning to construct an innovative industrial center specializing in wood technology. For further information, please contact: Päivi Antola, Director, IR and Financial Communications, tel. +358 9 7257 8233 DISTRIBUTION: NASDAQ OMX Helsinki Major media www.amersports.com AMER SPORTS Amer Sports (www.amersports.com) is one of the world's leading sports equipment companies with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants. The Group's business is balanced by its broad portfolio of sports and presence in all major markets. Amer Sports' shares are quoted on the NASDAQ OMX Helsinki. [HUG#1457268] |
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