Swiss Distributor Albert Isliker & Co. AG sold to Falcone Holding AG
Swiss specialty chemicals distributor Albert Isliker & Co. AG (Zürich, Switzerland) has been sold to compatriot specialty chemicals distributor Falcone Holding AG („FALCONE“) (Otelfingen, Switzerland), effective 30. June 2015. This transaction was part of the succession planning for long-time managing shareholder Albert Isliker, who will be retiring this summer.
With its wholly owned subsidiary Falcone Chemical Specialities AG („FCS“) the FALCONE group has over the last years established itself as a successful marketer of specialty chemicals in Switzerland and several other countries across Europe, FALCONE said in a statement earlier this month.
Albert Isliker & Co. AG (“AIC”) has originally been established in 1843 as a trading company. It has been owned by the Isliker family since 1937. The company distributes raw materials and additives from a range of international supplies, particularly to the Paints & Coatings, Plastics and Food industries.
No financial details were disclosed on this transaction.
Source: AIC and FALCONE press releases and customer communication
HGE – DCG / 30.07.2015
DistriConsult comment: Günther Eberhard, Managing Partner of DistriConsult GmbH acted as corporate finance adviser to the shareholders of Albert Isliker & Co. AG for this transaction.