Gurit acquires PET recycling operation in Italy (WK-intern) - Gurit (SIX Swiss Exchange: GUR) today reports that its newly formed company Gurit Italy PET Recycling S.r.l. has signed an agreement to acquire the PET recycling production facilities from Valplastic S.r.l. in Italy for an undisclosed purchase price. Closing of the transaction is expected at the end of May 2019 and is subject to customary closing conditions being fulfilled. Gurit has and will continue to invest significantly into recycled PET core material production assets globally for Wind and Non-wind industry customers to cope with the material demand. In order to have sufficient feedstock of