November 2024

Schaffner AG implements future-oriented succession solution

The company in Müllheim TG, which has been family-owned since it was founded, is handing over the garden furniture manufacturer to the next Swiss family.

Schaffner was founded in 1954 by Peter and Annemarie Schaffner and successfully built up. From 1992, Martin Schaffner became the second generation to manage the company and has continued to develop it to this day. As part of a future-oriented succession plan, Martin Schaffner has decided to place the traditional company and the existing site in new hands.

The experienced entrepreneur Urs Haenggi, together with a family office, is taking over 100% of the shares in the Swiss company and will manage the company as Managing Director in future. Mr. Martin Schaffner will remain loyal to the company and will continue to support it during the transition phase. This will ensure continuity for Schaffner’s customers, employees and all partners.

The seller, Martin Schaffner, on the transaction: “We are very proud of what we have achieved together with our employees. With the new owners, we have found a successor with whom we are sure that Schaffner’s values and entrepreneurial tradition will be continued and that our customers and employees will be in good hands.”

 

About Schaffner AG

Schaffner has been developing and producing high-quality and durable garden furniture in Müllheim TG, Switzerland, for over 60 years, which is considered a design classic in Switzerland. Over 50,000 individual pieces are produced annually using traditional craftsmanship and skillful processing know-how and sold through professional specialist dealers and directly in the contract business throughout Switzerland and in some cases abroad.

Further information: www.schaffner-ag.ch

 

Role of Ramus & Company

Ramus & Company supported the succession planning of Schaffner AG on the buyer’s side. Ramus assisted the buyers with equity and debt financing and supported individual phases of the M&A process through to successful completion.



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