Baker McKenzie advised Meier Capital AG ("Meier Capital") on the sale of Barcol-Air Group AG ("Barcol-Air") to Swegon Group AG ("Swegon"). As of June 2022, Swegon is the new owner of Barcol-Air. Barcol-Air, a leading supplier of radiant ceiling systems, is active in Switzerland, Germany, France and Italy. The Swedish group's international network should enable Barcol-Air to continue its successful business performance of recent years and to accelerate growth. 

In addition, Swegon's existing radiant ceiling systems business perfectly complements Barcol-Air, so significant synergies can be leveraged. 

Meier Capital, in turn, will focus on its activities in humidification and evaporative cooling (with Condair and Portacool), as well as in wholesale for Swiss heating, ventilation and air conditioning (HVAC) installers (with the majority stake in Meier Tobler).

Founded in 1979, Barcol-Air has 90 employees, with the head office in Schwerzenbach, Switzerland and production located in St. Leon-Rot, Germany. Net sales in 2021 amounted to EUR 37.2 million.

Swegon Group AB, owned by Investment AB Latour and listed on the Stockholm Stock Exchange, is a market-leading supplier in the indoor environment field, offering solutions for ventilation, heating, cooling and climate optimization, as well as connected services and expert technical support. Swegon has subsidiaries and distributors all over the world and 17 production plants in Europe, North America and India. The company employs more than 2700 people and, in 2021, had a turnover of SEK 5.8 billion.

Baker McKenzie advised Meier Capital on all legal aspects of the transaction.

The Baker McKenzie team was led by Alexander Fischer (partner, M&A, Zurich) and consisted of Vinzenz Sutter (associate, M&A, Zurich), Boris Wenger (partner, Anti-Trust, Zurich), Johanna Moesch (Associate, Commercial, Zurich), Susanne Liebel-Kotz (Associate, Tax, Zurich); Alain Sauty De Chalon (Partner, M&A, Paris), Jeremie Paubel (Partner, Employment, Paris).

Explore Our Newsroom