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Georg Fischer AG & Co in Singen (Germany), a subsidiary of Georg Fischer AG, Schaffhausen (Switzerland), has entered into a definite agreement to sell all its shares in Georg Fischer Verkehrstechnik GmbH, the Singen-based supplier of components to the international trucking industry, to the SAF-HOLLAND S.A. (Luxembourg). The company is being sold within the context of refocusing on its core business. The transaction is subject to the approval by the relevant competition authorities.
goetzpartners Corporate Finance acted as sole financial advisor to Georg Fischer AG in Schaffhausen/Switzerland for this divestiture process.