Zehnder Group completes acquisition of Siber
03.07.2024 - Ad hoc announcement pursuant to Art. 53 LR
Zehnder Group acquires the Spanish company Siber, a leading regional manufacturer of residential ventilation systems
  • Zehnder strengthens its residential ventilation business in line with its strategy by acquiring Siber in Spain
  • Complementary geographical presence and strong strategic fit in terms of customers and products
  • Siber expects sales of around EUR 37 million for the 2024 financial year
  • Closing expected to take place in the coming weeks
Zehnder Group closes divestment of Climate Ceiling Solutions business
16.05.2024 - Ad hoc announcement pursuant to Art. 53 LR
Zehnder Group divests Climate Ceiling Solutions business
  • The non-core Climate Ceiling Solutions business has been loss-making in recent years
  • Private Assets takes over German Climate Ceiling Solutions unit
  • One-off loss of about EUR 10 million (mostly cash neutral) expected
  • Continued focus on execution of strategy in core businesses
  • Outlook for the first half of 2024: Sales decline in the mid-teen percentage range and an EBIT margin before one-off effects of 6-7 %
Annual General Meeting of Zehnder Group AG approves all motions
  • Management report, annual financial statements and consolidated financial statements 2023 approved
  • Dividend of CHF 1.30 per registered share A endorsed
  • Reelection of the Board of Directors and Chairman of the Board of Directors
  • Sustainability report, capital reduction and all other proposals of the Board of Directors approved
Zehnder Group acquires remaining 25% stake in ventilation company Caladair

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