UK markets open in 2 hours 5 minutes
  • NIKKEI 225

    +329.18 (+1.15%)

    -56.83 (-0.28%)

    -0.91 (-0.99%)

    -5.80 (-0.32%)
  • DOW

    +424.35 (+1.27%)

    +97.95 (+0.48%)
  • CMC Crypto 200

    +19.81 (+3.47%)
  • ^IXIC

    +267.29 (+2.09%)
  • ^FTAS

    +18.64 (+0.45%)

Metall Zug AG: Clearances granted for closing of the combination between Schleuniger and Komax

·3-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Metall Zug AG / Key word(s): Merger/Mergers & Acquisitions

27-Jul-2022 / 06:33 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

Ad hoc announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

Zug, July 27, 2022 - The closing of the combination between the Schleuniger Group and the Komax Group was conditional on the clearances of the relevant competition authorities. These have now been granted, so that the closing is planned for August 30, 2022. 

The combination of the Schleuniger Group and the Komax Group, which was announced on February 9, 2022, represents a further milestone in the ongoing implementation of the strategy of Metall Zug AG.

Metall Zug will spin off its Wire Processing Business Unit, the Schleuniger Group, into the Komax Holding AG and, in return, obtain a stake in Komax Holding AG of 25%. Metall Zug AG and Komax Holding AG had signed a corresponding agreement on February 8, 2022. 

In connection with this combination, the Annual General Meeting of Komax Holding AG on April 13, 2022, approved a capital increase in order to create 1,283,333 new shares, which will be allocated to Metall Zug AG. Until now, the completion of the combination was subject to the clearances of the relevant competition authorities.

These clearances of the relevant competition authorities have now been granted, so that the closing is planned for August 30, 2022. The Schleuniger Group will be fully consolidated in the consolidated financial statements of the Metall Zug Group presumably until August 31, 2022. From September 1, 2022, Metall Zug AG's interest in the Komax Group's net result will be reported in the financial result. 

About the Metall Zug Group

Metall Zug is a group of industrial companies headquartered in Zug. The Group has around 3,400 employees and comprises five Business Units:

  • Infection Control (Belimed Group)

  • Medical Devices (Haag-Streit Group)

  • Wire Processing (Schleuniger Group)

  • Technologycluster & Infrastructure (Tech Cluster Zug AG, Urban Assets Zug AG)

  • Others (Belimed Life Science, Gehrig Group AG and Metall Zug AG)

The holding company Metall Zug AG is listed in the Swiss Reporting Standard of SIX Swiss Exchange in Zurich (type B registered shares: securities number 3982108, ticker symbol METN).

Legal Notes

The expectations expressed in this announcement are based on assumptions. Actual results may vary from those anticipated. This announcement is published in German and English. The German version is binding. Metall Zug AG processes personal data in accordance with its privacy statement available under:

Key dates


August 11, 2022

Publication Half-year Report 2022

April 28, 2023

Ordinary Annual General Meeting of Shareholders



Further information


Daniel Keist
Chief Financial Officer
Phone: +41 58 768 60 50

Bettine Killmer
Head of Corporate Communications & IR
Phone: +41 58 767 60 50


This announcement is available at

End of ad hoc announcement

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting