Annual Report 2016
4 July 2014
The takeover of Sabiana, which specialises in commercial heating, ventilation and air conditioning, is completed.
2 December 2014
Michael Pieper is the new anchor shareholder of AFG.
3 March 2015
Due to sustained pressure from competition and imports, plus the Swiss currency situation, the planned process of relocating vinyl window production from Altstätten (CH) to Pravenec (SK) is accelerated.
17 April 2015
Alexander von Witzleben and Michael Pieper are elected new members of the Board of Directors. Alexander von Witzleben also takes up the role of Chairman of the Board of Directors of AFG.
The process of relocating vinyl window production from Altstätten (CH) to Pravenec (SK) is completed.
1 July 2015
Alexander von Witzleben assumes the role of interim CEO of AFG until further notice.
22 July 2015
The takeover of the Italian company Bloxer Ronchi is completed.
13 August 2015
Extensive restructuring and repositioning measures are launched for AFG.
11 September 2015
At the Extraordinary Shareholders’ Meeting, the shareholders agree to a capital increase of CHF 206.7 million.
25 September 2015
The takeover of the eastern German window manufacturer Wertbau is completed.
1 February 2016
Harald Pichler, former CEO of the WERU Group, becomes the new Head of the Windows Division (formerly Building Envelope).
1 May 2016
Peter Spirig becomes the new Head of the Doors Division (formerly Building Security).
28 June 2016
The takeover of the French exclusive distribution partner Sabiatherm is completed.
1 July 2016
AFG takes over the sanitary facilities Group Koralle.
15 September 2016
AFG announces the planned takeover of the Looser Group together with its doors, industrial services and coatings businesses. AFG continues the pro- cess of selling the coatings business, announced by Looser in 2016.
19 September 2016
AFG successfully places 2.64 million shares for refinancing the Koralle transaction.
1 November 2016
At the Extraordinary Shareholders’ Meeting, the shareholders agree to a capital increase relating to the takeover of the Looser Group.
22 November 2016
The process of relocating vinyl window production from Villeneuve (CH) to Pravenec (SK) is successfully completed.
6 December 2016
AFG publishes the final result of the public purchase and exchange offer for the takeover of the Looser Group, and discloses that it now holds a 97.53 % shareholding in Looser.
13 December 2016
The takeover of the Looser Group is completed. At the same time, AFG is renamed Arbonia.