Dometic consolidates operations in China
Dometic Group AB (publ) has signed an agreement to divest an industrial property in Shenzhen. The divestment is a natural step in the strategic manufacturing footprint consolidation in China. Production will be relocated to the facility in Zhuhai and another facility in Shenzhen.The divested production facility comprising of a total of 14,000 square meters. The selling price amounts to CNY 160 million (approximately SEK 205 million). The expected net gain will amount to CNY 80-100 million, and the full amount will be recognized in the result in the third quarter 2017. 70 per cent of the