With the cancellation of the final Looser shares remaining in public hands, and the cash settlement paid to the shareholders affected by this, Arbonia's takeover of the Looser Group can come to a successful conclusion. Looser's Coatings business (Feyco Treffert, Schekolin, Ilag) will be sold in full in the first half of the year. In November, Arbonia is also selling Looser's Condecta Group. With the sale of the Profile Systems Business Unit and the associated companies Forster Profile Systems and Bloxer Ronchi in December, Arbonia will continue to focus on its three core areas of building technology, windows and doors. Following the split of the Building Technology Division in January 2018, this will become four core areas: HVAC, sanitary equipment, windows and doors.
AFG acquired the Koralle Group, a specialist in sanitary facilities, from Geberit AG. The move marks an expansion of the Building Technology Division's product range and will help it enhance its position in the core markets of Switzerland, Germany and Austria with a lasting effect. To improve its value chain and market presence in France and Luxembourg, AFG took over the Sabiatherm, Sabiana's exclusive distribution partner in France. In September, AFG announced the takeover of the Looser Group, which is also active in the building supply business and consists of two main arms: doors (Prüm, Garant and Invado) and industrial services (Condecta). This transaction represents an important step in AFG's efforts to achieve its strategic goal of becoming a leading European building supplier. As part of this transaction, AFG Arbonia-Forster-Holding AG was renamed Arbonia AG.
the General Meeting elected Alexander von Witzleben as the new Chairman of the Board of Directors. In July, he also assumed the role of interim CEO. In August, the Board of Directors decided to relocate the production plants to other European countries as a result of significant pressure from competition. The Eastern German window manufacturer Wertbau GmbH was also acquired in August. As part of a capital increase carried out with the aim of strengthening the Group’s financial standing, Artemis Beteiligungen I AG reaffirmed its commitment to the Group and, by the end of the year, had increased its stake to just under 28%.
the AFG kitchen business and the STI Group were sold. AFG acquired Sabiana, a market leader in commercial heating, ventilation and air-conditioning. Artemis Beteiligungen I AG, led by Michael Pieper, became AFG’s new main shareholder.
AFG intensified its focus on its core business based on building envelope and interior. It sold off Forster Refrigeration Technology as well as Forster Precision Steel Tubes.
|In 2012||AFG sold its transport and logistics business Asta, its British subsidiary Aqualux and the German company Warendorf. With the acquisition of the Polish window manufacturer Dobroplast, it focused on expanding one of its core business areas.|
|In 2011||Edgar Oehler was succeeded as Chairman of the Board of Directors by Paul Witschi on 29 April and as CEO by Daniel Frutig on 1 June.|
|In 2010||AFG’s Annual General Meeting approved the abolition of the hitherto unequal weighting|
|In 2009||AFG presented its new Warendorf brand of kitchens as the successor to the Miele Kitchens (Miele Die Küche) brand. AFG entered into cooperation with star designer Philippe Starck to create a range of innovative kitchen solutions.|
|In 2008||AFG took over Slovaktual s.r.o., Slovakia’s leading window manufacturer, and integrated it into the Windows and Doors Division. In October, AFG set up a new Asia Pacific regional branch with headquarters in Shanghai.|
|In 2007||with retroactive effect from 1 January, AFG acquired STI Surface Technologies International Holding AG, Steinach (Canton St.Gallen), which since 1998 had been wholly owned by Dr Edgar Oehler. Also with retroactive effect from 1 January, AFG acquired RWD Schlatter AG. This company, which is based in Roggwil (Canton Thurgau) and has a sales office in Dietikon (Canton Zurich), is the leading door manufacturer in Switzerland. In September, AFG acquired Aqualux Products Holdings Ltd, a leading UK supplier of bath screens, shower enclosures, shower trays and steam cabins.|
|In 2006||the Group acquired Schmidlin ASCO Swiss AG. The company, based in Zwingen (Canton Baselland), specialises in underfloor convectors, which, alongside their conventional function, can also be used for cooling.|
|In 2005||there followed a further acquisition: in September, AFG acquired the worldwide manufacturing and sales of Miele Kitchens, based in Warendorf (Germany), from the German company Miele & Cie. KG, based in Gütersloh (Germany).|
|In 2004||there were no fewer than three acquisitions: Bruno Piatti AG, Dietlikon (Canton Zurich); EgoKiefer AG, Altstätten (Canton St. Gallen); and the freight forwarder Gächter GmbH, Stachen-Arbon (Canton Thurgau).|
|In 2003||the Züllig estate sold its majority interest to Dr Edgar Oehler, the new CEO and Chairman of the Board of Directors.|
|In 2001||AFG took over Kermi GmbH, which provided a major boost for its radiator and shower stall business. Kermi GmbH is based in the|
|In 1999||Jakob Züllig, majority shareholder and Chairman of the Board of Directors, died. Prolux Heizkörper AG was bought in the same year.|
|In 1987||AFG Arbonia-Forster-Holding AG was registered with the commercial register with CHF 30 million in share capital. A year later, the company was listed on the stock exchange. In the years that followed, production and warehousing capacities were expanded.|
|In 1973||the majority of the shares in Hermann Forster AG were transferred to Arbonia AG, which had been wholly owned by Jakob Züllig since 1959. The Arbonia-Forster Group comprised Hermann Forster AG (steel tubes technology, kitchens and refrigeration equipment), Arbonia AG (radiators and heaters), Asta AG (road transport) and Buhler- Regina AG (embroidery supplies).|
|In 1954||Arbonia AG was established.|
|In 1904||Karl Schnitzler set up a factory to make heat exchangers under the Arbonia brand.|
|In 1874||Franz Josef Forster opened a coppersmith’s shop producing hot-water bottles, cookware and other receptacles. The company changed its name to Hermann Forster AG in 1922. It had now begun to manufacture steel tubes.|