MLL advises the Wienerberger Group on the sale of ZZ Wancor
The Wienerberger Group, operating smart solutions for the entire building envelope and building infrastructure, sold its Swiss affiliate ZZ Wancor to the swisspor group, a Swiss manufacturer of product systems for building envelopes.
ZZ Wancor is a Swiss enterprise with a long tradition and employs 160 staff members in Switzerland. The company runs two production facilities for roof tiles and one for the production of bricks. The clay products are complemented with insulating materials, solar panels and further technical accessories to form perfectly adjusted, innovative systems. The parties entered into a purchase agreement for all outstanding shares in ZZ Wancor in August 2020. The transaction successfully closed Friday, September 4, 2020.