Arques Industries Ltd., D-Starnberg has acquired 100% of Georg Fischer Schwab GmbH & Co. KG, D-Pfullingen with effect of March 31, 2006. The target company produces pre-wall systems and concealed plastic cisterns for the sanitary industry, used as flushing device for toilets. Its products are distributed worldwide.
The sale of Georg Fischer Schwab GmbH & Co. KG is part of GF Piping Systems' systematic focus on its core competency piping systems.
The Team of Hitz & Partner Corporate Finance has been supported by different representatives of Georg Fischer Group.
Quote by Marco P. Steg, Head Building Technology Georg Fischer Group:
“Arques is a well established company, focused on the redirection of companies. We are convinced that we have found the right strategic partner for GF Schwab".
Quote Markus Zöllner, Member of the Executive Board Arques Industries AG:
“With the acquisition of GF Schwab, we have acquired a company, specialized in the sanitary industry, which is an ideal amendment to our company Missel“.