Franke Group has acquired WESCO Group to strengthen its market position in extractor hoods and ventilation systems across Switzerland and Germany.

Information on the Target

The Franke Group has finalized the acquisition of WESCO Group, a premium supplier of extractor hoods and ventilation systems operating in Switzerland and Germany. This acquisition, initially announced in September, has received the necessary approvals from the relevant competition authorities. WESCO will function as a separate entity under the management of Barbara Borra and will enhance the portfolio of Franke Home Solutions, a division within the Franke Group.

Founded in 1962 and based in Wettingen, Switzerland, WESCO Group excels in providing extractor hoods and ventilation systems for a variety of environments, including kitchens, homes, offices, and schools. Employing around 280 people across its operations in Switzerland (WESCO AG), Germany (berbel Ablufttechnik GmbH), and Italy (Createc srl), WESCO reported annual net sales of 97 million Swiss francs in 2023. The company is renowned for its high-quality products that combine excellence in design and ventilation.

Industry Overview in Switzerland and Germany

The extractor hood and ventilation system market in Switzerland and Germany is characterized by a growing demand for premium quality and energy-efficient solutions. As more homeowners focus on creating smart and sustainable living environ