NIBE Group has initiated a strategic divestment of Schulthess Maschinen AG to a group of Swiss investors, led by Helvetica Capital, aiming to foster long-term growth and independence for the company while maintaining its commitment to sustainable practices.
Information on the Target
Schulthess Maschinen AG, formerly a subsidiary of the Swedish NIBE Group, specializes in laundry technology, including washing machines and dryer systems. The company has a strong reputation for innovation and quality within the Swiss market and has been part of the NIBE portfolio since 2011 after its acquisition. Over the years, Schulthess has effectively integrated advanced technologies into its product offerings, establishing itself as a significant player in the laundry technology sector.
As part of the ongoing strategic transition initiated in 2019, NIBE has aimed to gradually divest Schulthess to ensure it aligns with a new ownership structure committed to similar business principles. The transfer of ownership to Swiss investors will facilitate the company's long-term growth trajectory while maintaining its operational integrity and market position.
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Industry Overview in Switzerland
The laundry technology sector in Switzerland has seen substantial growth, influenced by increasing demand for energy-efficient and sustainable home appliances. With a focus on ecological solutions, manufacturers are investi
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