Surteco Is Said to Weigh Sale of Skirtings, Profile Businesses

Surteco Group SE is considering selling assets including its skirtings and technical profile businesses that could be valued at €100 million ($120 million) to €200 million in total, according to people familiar with the matter.

The Frankfurt-listed company is working with an adviser on the potential divestment, said the people, who asked not to be identified as the information is private. Considerations are preliminary and Surteco could decide to also sell additional assets or to keep them for longer, depending on buyer interest, the people said.