CPH Chemie + Papier Holding subsidiary Perlen Immobilien sells abut 70,000 sq. meters in a Buchrain, Switzerland, residential work zone to Swiss general contractor Alfred Muller
Kendall Sinclair
PERLEN, Switzerland
,
December 15, 2011
(press release)
–
Perlen Immobilien AG, a 100% subsidiary of CPH Chemie + Papier Holding AG, Perlen, sold about 70'000 sqm in the residential and working zone of Perlen / Buchrain to Alfred Müller AG, Baar.
The zone in the area „Fahr“ is not used for further development of CPH’s business but ready for development. The parties agreed not to divulge the sale price involved.
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