Affichage sells stake in Italy
Affichage has sold its 85 percent stake in First Avenue, a company based in Bolzano, which it held through APG, to the previous minority shareholder and is thus withdrawing from the region as planned.
According to a company statement, this represents a further step in the consistent implementation of the strategy pursued over the past year, with a redimensioning of the foreign portfolio and a focus on the Swiss core business. The purchase price was not disclosed.
