November 21, 2024
Corporates

Heberlein Technology AG: Beginning Of A New Chapter

Heberlein AG, the world’s leading supplier of jets for synthetic yarns, has announced the successful sale of its business on October 31, 2023. The company will now operate under the name “Heberlein Technology AG” starting from November 1, 2023.

The new joint ownership includes Heberlein’s dedicated management team, industry expert Daniel Lippuner, and the Renaissance Investment Foundation. This strategic move aims to secure the company’s long-term success by combining its rich traditions with innovative capabilities.

With around 80 employees and a robust infrastructure in Wattwil, Switzerland, Heberlein Technology AG will continue to develop, produce and distribute essential components for the man-made fibre industry, ensuring international customers can rely on the same high-quality products and unwavering reliability.

The board of directors and the management team of Heberlein AG welcomed the new ownership structure and express their confidence that it will safeguard the company’s traditions and drive future success, contributing positively to the business location of Toggenburg and the canton of St. Gallen.

Martin Zuercher, CEO of Heberlein, shared his thoughts on the transaction: “With this sale, we are opening a new, positive chapter in the company’s long history. The Renaissance Investment Foundation, as our new owner, is firmly focused on ensuring the long-term success of Heberlein. Together with our energetic management team, I look forward to making a significant contribution to Heberlein Technology AG’s success in the future.”

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