k-flash post

ABOUT THE AUTHOR

Andreas Grossenbacher, graduate fiduciary expert, MAS FH in fiduciary and management consulting, has been working for KENDRIS since September 2024. Andreas was already employed by KENDRIS from December 2009 to June 2017. He previously worked for Mazars, where he headed the outsourcing department for German-speaking Switzerland. Andreas looks after national and international corporate clients. He has in-depth fiduciary knowledge, particularly in accounting and payroll. He accompanies corporate clients through all phases of the life cycle. Andreas can look back on a professional career spanning over 30 years, which has enabled him to gain a great deal of experience.
Georg Fischer (GF) Ends Its Foundry Legacy

k-flash audio commentGeorg Fischer (GF) Ends Its Foundry Legacy

The case

Founded in 1802, the Schaffhausen-based company has evolved into one of the world’s leading suppliers of plastic piping systems for water infrastructure. Yet, despite this transformation, GF has remained associated with the foundries that laid the foundation for its success more than two centuries ago.

Source: GF

The commentary

The company is now closing that chapter by selling its remaining three foundries, located in Ticino, Switzerland, and Romania, to a U.S. industrial group. The sale will generate proceeds of CHF 220 million, a sum which is significantly above market expectations.

With the divestment, GF will become a pure-play provider of flow solutions, focussing exclusively on piping systems for water supply and other critical infrastructure. The transaction marks the final step in the company’s strategic transformation away from its traditional foundry business.

This publication has been prepared solely for information purposes and is does not constitute a recommendation, a solicitation, or an offer. The information on which this publication is based has been obtained from sources that we believe to be reliable and in good faith, but we have not independently verified such information and no representation or warranty, express or implied, is made as to its accuracy. All expressions of opinion are made as of the date of publication and may be subject to change without notice. k-flash and all related affiliates accepts no liability or responsibility whatsoever for any consequential loss of any kind arising out of the use of this publication or any part of its contents. The use of this publication should not be regarded as a substitute for the exercise by the recipient of his or her own judgment. This publication is not directed to any person in any jurisdictions that prohibit such publication.
Click to rate this post!
[Total: 1 Average: 4]

RECENT POSTS

“Platzgen”

The Case: What on earth is “Platzgen” ? – A Swiss precision throwing sport: part pétanque, part strength training, which is played with a heavy pointed metal throwing disc. The Commentary: Platzgen is a traditional Swiss precision sport, particularly popular in the German-speaking part of Switzerland with around 50 active…

Super Saint-Bernard to be dismantled

The Case: The Super Saint-Bernard ski area near Bourg-Saint-Pierre in Valais has been closed since 2010. The Commentary: Opened in 1963, the ski area used to have around 27 km of slopes at altitudes of up to 2,800 metres. A reopening would have required investments of around CHF 25 million,…

Search

TRANSLATE

Newsletter

Related Posts

The Nightmare of Shared Homeownership

The Case: Owning an apartment in a shared building can easily lead to conflicts between neighbours. The Commentary: Buying an apartment also means becoming part of a community where disagreements, high costs and difficult decisions can be unavoidable.

Geneva Housing Crunch Set to Continue

The Case: Despite the new cantonal development plan, which aims to increase the housing supply in Geneva, demand is expected to continue to outpace supply. The Commentary: Already facing a deepening housing affordability crisis, Geneva is expected to experience significant population growth by 2050, with estimates ranging from 70,000 to…

Categories