Transaction

The Clearwater team advises Meier Capital on the sale of Barcol-Air to Latour-backed Swegon Group

Transaction

Latour acquires through its wholly-owned subsidiary Swegon Group AB Barcol-Air, a leading supplier of radiant ceiling systems

Sell-Side

Undisclosed

Role

Adviser to the seller of Barcol-Air

Sector

Industrial & Chemicals

Region

Switzerland

The Clearwater team has advised Meier Capital on the sale of Barcol-Air, a leading supplier of radiant ceiling systems, to Latour, a mixed investment company.

Barcol-Air was founded in 1979 and has 90 employees, with the head office in Schwerzenbach, Switzerland, and production located in St. Leon-Rot, Germany. With the acquisition of Barcol-Air Swegon is further strengthening its already strong position within radiant ceilings with the existing Zent-Frenger business. The acquisition lifts Swegon from being a strong player in Germany to a Pan-European leader of radiant ceiling solutions.

Swegon Group is a market-leading supplier in the field of indoor environment, offering solutions for ventilation, heating, cooling and climate optimisation, as well as connected services and expert technical support. Swegon has subsidiaries and distributors all over the world and 17 production plants in Europe, North America and India.

Investment AB Latour is a mixed investment company consisting primarily of wholly-owned industrial operations and an investment portfolio of listing holdings in which Latour is the principal owner or one of the principal owners.

image 80

We are delighted to welcome Barcol-Air into the Swegon Group. With its solid brand recognition in Switzerland, France, Germany and neighbouring markets, as well as an advanced production centre, modern indoor climate laboratory and a great team, Barcol-Air is a perfect addition to the group

Andreas Örje Wellstam, CEO, Swegon Group
image 80

Barcol-Air and Swegon share the same commitment to achieving comfortable, productive and healthy indoor environments, and with the backing of the Swegon Group we are in an excellent position to keep developing and growing

Felix Schneebeli, CEO, Barcol-Air

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