CMS advised FLACHGLAS Wernberg GmbH on the sale of Flachglas Schweiz Group
Zurich, September 2023 | A team of CMS Switzerland under the lead of Partner Stefan Brunnschweiler and Senior Associate Samuel Felix Gang provided comprehensive advice to FLACHGLAS Wernberg GmbH on all legal aspects regarding the sale of Flachglas (Schweiz) AG, a leading Swiss supplier of high-quality processed glass products for the construction industry, to HSBH Holding AG. The Flachglas Schweiz Group operates at two locations in Wikon (Canton Lucerne) and Gwatt near Thun (Canton Bern). The Flachglas Schweiz Group offers a wide range of glass solutions for the construction of new buildings and the renovation of existing buildings, in particular fire protection glass. For almost four decades now, the group with its approximately 200 employees has been a reliable partner for high-quality glass applications and is known for the quality of its products and services.
The FLACHGLAS Wernberg Group has 85 years of experience in the field of glass finishing and produces special glass at three locations in Germany, such as: railway glass, construction glass, showers and many other applications. The three locations in Germany employ approximately 800 people. The sale of the Flachglas Schweiz Group enables the FLACHGLAS Wernberg Group to realise its strategic goals in order to strengthen, modernise and position the three remaining locations well for the future.
The parties have agreed not to disclose the purchase price of the transaction.
CMS Switzerland
- Stefan Brunnschweiler, LL.M., Managing Partner, Head Corporate/M&A
- Samuel Felix Gang, LL.M., Senior Associate, Corporate/M&A
- Anna Mast, Associate, Corporate/M&A
