The Thule Group continues its strategic direction to focus on Sports and Outdoor by spinning off its towbar business

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The Thule Group continues its strategic direction to focus on Sports and Outdoor by spinning off its towbar business

Malmö 18 June, 2014. Thule Group's Board of Directors has instructed the Company's management to prepare an external sales of the companies towbar business. The first step is through a spin-off of the Business Area towbar from the company’s main business within the Sports and Outdoor sector. London-based Rotschild has been selected as advisor for the planned external sales.
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