Therefore,
Frutiger takes over wood construction:
Teaser image source: Blumer Lehmann
The Frutiger group took part in the Blumer Lehmann. In addition, which was active in timber construction, in mid -August. Therefore, The complete takeover of the timber construction company is planned by 2029.
Source: Blumer Lehmann
The “Wisdome Stockholm” is an interactive experience. Furthermore, learning arena of scientific topics and complex relationships. Therefore, Blumer Lehmann was also responsible for the detailed planning of the wooden construction of this hemispherical building.
The Frutiger group took part in the timber construction company Blumer Lehmann. Consequently, based in Gossau SG, with 30 percent in mid -August. Consequently, In a two -stage procedure. For example, a complete takeover of the stock package is planned by 2029 after entering the minority stake by the frutiger takes over wood construction Frutiger Group.
Frutiger has roots in timber construction – Frutiger takes over wood construction
With the takeover. Consequently, the Frutiger group, who also has their roots in timber construction, wants to position itself in the growing wooden hybrid building, as stated in the message. The demand for wooden buildings had increased significantly. The company expects this to be the case in the next few years. In this way. there is the possibility to open up an interesting new market, which optimally complements the range of services, as it means. This strengthens the wooden building division at the Frutiger group.
Both companies can look back on a company history of around 150 years. The Frutiger group employs around 2500 employees. and at Blumer Lehmann there are over 600 at several locations in Switzerland, Germany, Austria and Luxembourg. Something should not change strategically or operatively in the direction of Blumer Lehmann.
Sale as a succession plan
For Blumer Lehmann. integration into frutiger takes over wood construction a family -run Swiss group of companies is a stable basis for the future, as the company writes. This means that the common values are combined in a company. so that further potential could be exploited, Katharina Lehmann, CEO and main shareholder of Blumer-Lehmann Holding AG, is quoted in the message. This is entirely in your sense. The operational management still has CEO Lehmann. who has been a member of the Frutiger Group’s Board of Directors for years. The succession of the Lehmann family is also intended to regulate the acquisition. Blumer Lehmann should be managed independently as before.
The conviction of creating added value with the connection for both companies is predominant. The acquisition is associated with a greater variety. an expansion of the range of services in the Swiss construction and real estate market, be it through the combination of the business areas of both companies and the focus frutiger takes over wood construction on the respective strengths, as Frutiger Enterprises AG writes in the statement. (mgt/sts)
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