Uniglass continues as an independent part of Kyro Group

Following up on the Kyro-Uniglass acquisition, all the shares of Uniglass Engineering have been fully acquired by Kyro Corporation.

Uniglass Engineering continues its business as an independent part of the safety glass technology business of Kyro Group, a financially solid, international and growth-oriented technology group.

Kyro's strategy is to focus primarily on growing the company's glass processing machine business both internally and through possible acquisitions. The acquisition of Uniglass Engineering is in line with the strategy of the Kyro Group.

"Over its five years of existence Uniglass has become a household name in tempering industry. Being a part of the safety glass technology business of well established Kyro Group provides us the possibility to further develop and market our technology while maintaining our position as an independent operation," says Jukka Rantala, sales manager from Uniglass Engineering.

600450 Uniglass continues as an independent part of Kyro Group glassonweb.com
Date: 7 June 2002
Source: GlassDigest

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