29.10.2024
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Ad hoc announcement pursuant to Art. 53 LR
Zehnder Group accelerates transformation into leading international supplier of indoor climate systems
- Future consolidation of radiator production for flat tube radiators at the plant in France
- Conversion of the production site in Graenichen (CH) by building an international competence centre for the growing service and maintenance business and for information, training and professional development purposes
- Plans to reduce up to 50 production jobs in Graenichen, partially offset by the expansion of the service and maintenance business
- One-off costs of EUR 20.0-25.0 million for measures to expand the market position, repurposing of the Graenichen site, further restructuring measures, and impairments to consequently pursue the transformation to a climate system provider
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