Oerlikon open to more technology buys, Drives unit to be sold to the right buyer at the right time (translated)
15 JUL 2017
Oerlikon (SWX:OERL), the Swiss technology conglomerate, is open to acquiring technology companies, Schweiz am Wochenende reported. Oerlikon Chief Executive Roland Fischer told the Swiss weekly that he is looking to see what is available but the group also needs to grow without acquisitions. Fischer said technology buys such as the recently acquired Scoperta are always possible.
Regarding the group structure, Fischer said the fourth division was sold nine months ago and the third, the drives division, will be sold to the right buyer at the right time.