Sulzer Ltd. (SWX:SUN) on August 17, 2021 said it has set September 20 as the date for its shareholder meeting to vote on the proposed spin-off of its applicator systems unit, or Applicator Systems Division of Sulzer Ltd, into an independent publicly traded company. Under the plan, unveiled at the end of May 2021, Sulzer will carry out the separation via a one-to-one share split, in which Sulzer's shareholders will get one APS share for each Sulzer share held. The listing of the new company, to be named Medmix, is expected to occur in the third or the fourth quarter of 2021.