Reynaers Aluminium NV agreed to acquire Forster Profile Systems Ltd. from Arbonia AG (SWX:ARBN) on December 15, 2017. Reynaers will integrate Forster Profile Systems as a separate business unit with its own management team, maintain the production for steel and stainless steel profiles in Switzerland as before and keep Forster Profile Systems as an independent brand. The employment contracts of the approximately 210 employees will be transferred. The transaction is expected to be completed in January, 2018. The sales proceeds will be used to reduce the net indebtedness of Arbonia AG. Reynaers Aluminium NV completed the acquisition of Forster Profile Systems Ltd. from Arbonia AG (SWX:ARBN) on January 22, 2018.