The Group today announces that it has signed a binding agreement to divest its Bus & Rail (Mobility) business unit to the financial investor “Hypax”, the Berlin and London-based investment firm focused on corporate carve-outs and operational improvement. The closing is expected by July 31 subject to closing requirements. Hypax is taking over all employees and commercial contracts and is highly committed to the future growth of the Bus & Rail (Mobility) unit.
This divestment streamlines the Group’s business portfolio and further aligns it with its sharpened strategy to focus on its core businesses of lightweight composite solutions. The Bus & Rail (Mobility) unit operates independently of the Group’s core operations and is specialized in particular technologies and applies a distinctively different go-to-market access.
The Bus & Rail (Mobility) unit represents about 3% of the Group’s net sales and occupies some 300 employees in two sites in Switzerland and Poland. The unit has a strong position in the Bus & Rail segment in Europe, but it increasingly faced competitive headwinds. The Group will recognize a non-cash book loss of about CHF 26 million, mainly driven by depreciation of intercompany loans, in the Full Year 2025 financial statements. On the other hand this transaction improves the Group’s margin profile to achieve its profitable growth targets and to increase free cash flow generation.
For further information please contact:
Urs Scheidegger
Group CFO
Tel. +41 41 757 77 00
investor@schweiter.com
- © Philip Kistner
- © Stefan Müller
Ad hoc announcement pursuant to Art. 53 of the Listing Rules of SIX Exchange
Schweiter Technologies divests its non-core Bus & Rail business
* PDF, portable document format, is a file format from Adobe Inc. A viewer, called Acrobat Reader, can be freely downloaded from Adobe’s website.