CMS: Cidan Machinery Group acquisition of Thalmann Maschinenbau

Cidan Machinery Group, an innovative supplier to the sheet metal industry, has acquired Swiss long folder producer Thalmann Maschinenbau.

With the acquisition of Thalmann Maschinenbau, Cidan is expanding its already extensive portfolio that includes Cidan, Forstner and nuIT. The Thalmann location in Switzerland will remain the major hub for long folder innovation and production. The 50 employees of Thalmann will be joining the Cidan Machinery Group and remain employed at Frauenfeld. Cidan is committed to build on the strengths of the existing team with the aim to further grow the business of long folders within the group.

A team of CMS Switzerland under the lead of Stefan Brunnschweiler (managing partner, co-global head CMS corporate/m&a group, pictured) provided comprehensive advice to Swedish Cidan Machinery Group on all legal aspects regarding the acquisition of Swiss long folder producer Thalmann Maschinenbau. CMS Switzerland team also included senior associate Andrea Relly, associates Samuel Felix Gang and Alexandra Stocker (all corporate/m&a), partner Mark Cagienard and senior associate David Schuler (both tax), partner Dirk Spacek (Tmc and IP), senior associate Thomas Zweifel (real estate), associate Sarah Keller (employment) and associate Aline Steffen (commercial).

Suzan Abdien Hago Taha

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