Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
Nibe Group to divest a minority stake in Schulthess Maschinen
May 10, 2019

The NIBE Group is divesting Schulthess Maschinen AG at an EV of CHF 150m and becomes the majority shareholder in a new ownership structure together with Helvetica Capital AG. NIBE Group will initially hold 51% of the shares during at least the coming three-year period. The partly divested company manufactures washing machines and drying tumblers.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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