By
Reuters
Reuters
Published
Apr 7, 2011
Apr 7, 2011
Belgium's Sioen says to sell Roland unit
By
Reuters
Reuters
Published
Apr 7, 2011
Apr 7, 2011
April 6 - Belgian speciality textile group Sioen Industries said on Wednesday it had reached an agreement to sell its subsidiary Roland International.
Sioen Industries |
Sioen, did not disclose the buyer or the amount of the transaction, but said in a statement it had reached an agreement in principle with a buyer in the transport sector and expects a final agreement in May.
Roland International produces finished curtains and water resistant sheets for the transport industry.
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