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Kite is non core
21/03/2005
BMT, the Belgian glass engineering and steel processing group, sees its UK glass processing unit, Kite, as a long-term disposal candidate, according to the company's chief financial officer Theo Nys. Company sources have said that BMT has no intention to offload the unit at this time, and that the company would continue to invest in the operation; but he confirmed that Kite was a non-core asset. Kite generates annual revenues of some EUR 8m to EUR 9m.

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