Bregal Unternehmerkapital has acquired a majority stake in Kunststoff Schwanden AG to drive long-term growth and expand its market presence, particularly in the automotive sector.

Target Company Overview

Bregal Unternehmerkapital has become the new majority shareholder of Kunststoff Schwanden AG as part of a succession planning initiative, with the transaction already completed. Kunststoff Schwanden AG is the largest employer in the canton of Glarus, Switzerland, providing employment for over 500 individuals. The company specializes in the production of intricate plastic parts and assemblies, catering to various sectors such as packaging, technical components, household appliances, and automotive engineering.

The company was originally founded in 1883 by Albert Kiener’s ancestors, who laid the groundwork for its current operations. Albert Kiener will retain a minority stake in Kunststoff Schwanden, alongside CEO André Bermann and CFO Martin Züger, who will also purchase shares, along with plans for additional managerial participation.

Industry Overview in Switzerland

Switzerland's plastics industry is known for its high-quality standards and technical innovation, playing a significant role in Europe. The industry has benefitted from the country's strong engineering capabilities and a skilled