The Wienerberger group, a global leader of smart solutions for the entire building envelope and building infrastructure, sold its Swiss affiliate ZZ Wancor AG to the swisspor group. swisspor is the leading Swiss manufacturer of product systems for building envelopes.
ZZ Wancor is a Swiss enterprise with a long tradition and employs 160 staff members in Switzerland. It offers innovate ceramic solutions for the entire building envelope. The company runs two production facilities for roof tiles and one for the production of bricks. ZZ Wancor is the leading provider for clay roof tiles and rough ceramic building materials. The company also offers numerous solutions and well-established systems for walls and facades. The clay products are complemented with insulating materials, solar panels and further technical accessories to form perfectly adjusted, innovative systems.
The parties entered into a purchase agreement for all outstanding shares in ZZ Wancor AG in August 2020. The transaction successfully closed Friday, 4 September 2020.
MLL advised Wienerberger on all legal and tax aspects of the transaction. The team was led by Alexander Vogel (partner and Head of MLL’s Corporate and Finance Department) and included Thomas Nabholz (partner and head of MLL’s tax team) as well as Christian Rebell and Thomas Nietlispach (both senior associates M&A), Kathrin Waditschatka (associate M&A) and Antonija Martinovic (junior associate).
Access the Wienerberger press release here.