Press releases

27.09.2024 Arbonia appoints Uwe Schiller as new Chief Financial Officer (CFO)

Arbonia appoints Uwe Schiller as new Chief Financial Officer (CFO)

Arbon, 27 September 2024 – The Board of Directors of Arbonia AG appoints Uwe Schiller as its new CFO and member of Group Management.He will take over from Daniel Wüest, who leaves the company in the course of the strategic reorientation towards the door business at his own request on 30 September. Uwe Schiller takes over the position in October 2024.

Contact
Fabienne Zürcher
Head Corporate Communications & Investor Relations
T +41 71 447 45 54

fabienne.zuercher@arbonia.com

27.08.2024 Arbonia half-year results for 2024 Increase in EBITDA margin despite continuing challenging environment

Arbonia half-year results for 2024 Increase in EBITDA margin despite continuing challenging environment

20.06.2024 Arbonia sells the “Zelgstrasse” site in Arbon to the HRS Group for around CHF 34 million

Arbonia sells the “Zelgstrasse” site in Arbon to the HRS Group for around CHF 34 million

Arbon, Switzerland, 20 June 2024 – Arbonia AG has sold the approx. 35,000 m2 site in Zelgstrasse in Arbon to a company of the HRS Group via its subsidiary AFG Immobilien AG. The completely leased site, which is classified as non-operating real-estate, has thus been sold in line with the strategy.

Contact
Fabienne Zürcher
Head Corporate Communications & Investor Relations
T +41 71 447 45 54

fabienne.zuercher@arbonia.com

17.05.2024 Arbonia acquires the Spanish market leader for doors, the Dimoldura Group, as well as the Czech market leader in the contractor services sector – Lignis

Arbonia acquires the Spanish market leader for doors, the Dimoldura Group, as well as the Czech market leader in the contractor services sector – Lignis

Arbon, 17 May 2024 – Arbonia is actively consolidating the European competition landscape in the area of interior and special doors by acquiring the Spanish market leader for interior doors in south-western Europe, Dimoldura, as well as the Czech company Lignis for special doors. With the two acquisitions, Arbonia is expanding its geographic footprint into south-western and Eastern Europe in line with its strategy and has taken another step towards its ambition of market leadership in Europe.

Contact
Fabienne Zürcher
Head Corporate Communications & Investor Relations
T +41 71 447 45 54

fabienne.zuercher@arbonia.com

08.05.2024 Change to Group Management

Change to Group Management

Arbon, 8 May 2024 – Following Arbonia’s decision to accept the offer to sell the Climate Division and focus on the doors business, Group Management will be reorganised after the closing of the transaction.
In this connection, Daniel Wüest has decided to step down from his position as Group CFO after the sale of the Climate Division in order to take on a new professional challenge outside of Arbonia.

Contact
Fabienne Zürcher
Head Corporate Communications & Investor Relations
T +41 71 447 45 54

fabienne.zuercher@arbonia.com

19.04.2024 General Meeting of Arbonia AG approves all motions

General Meeting of Arbonia AG approves all motions

Arbon, 19 April 2024 – The shareholders of Arbonia AG approved all of the motions proposed by the Board of Directors at today’s General Meeting. 

Contact
Fabienne Zürcher
Head Corporate Communications & Investor Relations
T +41 71 447 45 54

fabienne.zuercher@arbonia.com

18.04.2024 Arbonia divests the Climate Division for EUR 760 million to Midea

Arbonia divests the Climate Division for EUR 760 million to Midea

Arbon, Switzerland, 18 April 2024 – After the conclusion of a competitive sales process with several bidders, Arbonia has decided to divest the Climate Division to Midea Electrics Netherlands B.V., a company of Midea Group for an enterprise value of EUR 760 million. Subject to the approval of relevant regulators, up to CHF 400 million of the sales proceeds are to be returned to the shareholders after completion of the transaction. In addition, net sale proceeds will be used to strengthen the doors business and to reduce net debt. The doors business will strategically be further developed both organically and through acquisitions, with the objective of making Arbonia a European market leader for doors made of wood and glass. 

Contact
Fabienne Zürcher
Head Corporate Communications & Investor Relations
T +41 71 447 45 54

fabienne.zuercher@arbonia.com

27.02.2024 Arbonia considers purchase offers for the Climate Division and publishes annual results for 2023

Arbonia considers purchase offers for the Climate Division and publishes annual results for 2023

Arbon, 27 February 2024 – The Board of Directors has received several unsolicited expressions of interest in purchasing the Climate (formerly HVAC) Division, prompted by comparable transactions in the market. After careful consideration and with a view to sustainably increasing the value for shareholders, the Board decided to carry out a structured sales process with several strategic prospective buyers. Upon conclusion of a possible transaction, the Board of Directors intends to return a significant share of the proceeds to the shareholders, in addition to reducing debt. At the same time, the remaining Doors Division is to be strategically developed as well as further strengthened through targeted acquisitions.

Contact
Fabienne Zürcher
Head Corporate Communications & Investor Relations
T +41 71 447 45 54

fabienne.zuercher@arbonia.com

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    Fabienne Zürcher

    Head of Corporate Communications & Investor Relations

    Amriswilerstrasse 50

    9320 Arbon

    Switzerland

    +41 71 447 45 54

    +41 79 451 01 38

    fabienne.zuercher@arbonia.com