15.01.2024 / Deals & Cases
Deal: Wenger Vieli advised SWISS KRONO Group in the acquisition of Argolite
Wenger Vieli advised SWISS KRONO Group, a globally renowned manufacturer of wood-based materials, in the acquisition of Argolite. This acquisition enables the consolidation of synergies and growth opportunities within an increasingly competitive market while reaffirming a strong commitment to the domestic market and its presence in Switzerland.
Argolite, headquartered in Willisau, has been the exclusive Swiss producer of High-Pressure Laminate (HPL) in compliance with EN438 quality standards since 1953, employing approximately 80 professionals.
SWISS KRONO Group ranks among the world's foremost manufacturers of wood-based materials, distinguished for its sustainable and innovative solutions in the Flooring, Interiors, and Building Materials sectors. SWISS KRONO is dedicated to circular materials for residential and workplace environments, employing approximately 5,000 individuals across ten production facilities worldwide.
The team was led by Beat Speck (Partner, Corporate/M&A) and Michael Baier (Partner, Corporate/M&A), and included Dominik Rietiker (Associate, Corporate/M&A), Alessa Waibel (Senior Associate, Finance), Sabine Taxer (Senior Associate, Employment), Kianoush Sadeghi and Janica Wyss (Associates, Corporate/Commercial), Nadine Grüter (Associate, Real Estate), and Matthias Langenegger (Associate, IP/IT).