Thule Group has signed an agreement to sell its snow...

Thule Group has signed an agreement to sell its snow chain business to an Austrian-based company, Schneeketten. The divestment will allow Thule to focus more on its core outdoor and bags segment. Its snow chain division posted sales of 136 million Swedish kronor (€14.6m-$16.5m) in 2014. Its staff of 145 ...

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