CMS advised CIDAN Machinery Group on the acquisition of Thalmann Maschinenbau AG
Zurich | March 2022
A team of CMS Switzerland under the lead of Stefan Brunnschweiler provided comprehensive advice to Swedish CIDAN Machinery Group on all legal aspects regarding the acquisition of Swiss long folder producer Thalmann Maschinenbau AG. CIDAN Machinery Group is a world leading, innovative supplier to the sheet metal industry. The group operates manufacturing locations in Sweden and Austria and has office locations in several European countries, the United States and China. The headquarters of the company, founded in 1907, is based in Götene, Sweden.
Thalmann Maschinenbau is a world leading company in long folding technology. The company has a strong track record of bringing innovations to the market that lead to significant efficiency improvements, cost reductions and higher precision and flexibility of the folding process. The company was founded in 1948 and operates from Frauenfeld, Switzerland.
With the acquisition of Thalmann Maschinenbau AG, CIDAN is adding yet another strong brand to its already strong portfolio that includes CIDAN, Forstner and nuIT. The Thalmann location in Switzerland will remain the major hub for long folder innovation and production. The 50 employees of Thalmann will be joining the CIDAN Machinery Group and remain employed at Frauenfeld. CIDAN is committed to build on the strengths of the existing team with the aim to further grow the business of long folders within the group.
CMS Switzerland
- Stefan Brunnschweiler, LL.M., Lead, Managing Partner, Co-Global Head CMS Corporate/M&A Group
- Samuel Felix Gang, LL.M., Associate, Corporate/M&A
- Andrea Relly, Senior Associate, Corporate/M&A
- Alexandra Stocker, Associate, Corporate/M&A
- Mark Cagienard, LL.M., Partner, Tax
- Dr David Schuler, LL.M., Senior Associate, Tax
- Dr Dirk Spacek, LL.M., Partner, TMC and IP
- Thomas Zweifel, LL.M., Senior Associate, Real Estate
- Sarah Keller, Associate, Employment
- Aline Steffen, Associate, Commercial
