Sale of the STI Group to its founder Edgar Oehler – Artemis Holding AG new main shareholder
Arbon, 2 December 2014 – AFG Arbonia-Forster-Holding AG is selling STI Surface Technologies International Holding AG, which no longer belongs to its core business. The Surface Technology Division is to be dissolved. The new owner of the STI Group is FFG Finanzierungs- und Factorings AG, Balgach, St. Gallen, a company belonging to Edgar Oehler, founder of the STI Group. With this sale, AFG finalises its strategic reorientation in the business fields of building envelopes and interiors and again focuses exclusively on its activity as an international, innovative construction materials supplier. In the course of the transaction, Edgar Oehler will lose his former status as the main shareholder. The new main shareholder of AFG Arbonia-Forster-Holding AG is Artemis Holding AG, with a share of 21.89%.
Chairman of the Board of Directors
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Manager Corporate Communications
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