Georg Fischer agrees to divest its Off-Highway Business

Georg Fischer (GF), a Swiss industrial company listed at SIX Swiss Exchange (ticker: GF) announced today that it has signed an agreement to divest its iron foundry operation comprising the off-highway business to Linamar Corp, a global manufacturer of advanced mobility and industrial solutions based in Toronto, Canada. Closing is expected to take place by the end of 2025, subject to regulatory approvals.

The iron foundry, with its 300 employees, is domiciled in Leipzig (Germany) and specializes in complex, large-scale components for off-highway vehicles and enjoys an excellent reputation among customers in the construction, agricultural and forest machinery industry. It was originally part of the GF Casting Solutions division, for which a divestment agreement covering most of its business was signed on 30 July 2025. The transaction value is approximately EUR 45 million.

Linamar, founded in 1966, today operates 75 manufacturing facilities in 19 countries with a workforce of about 34,000.

Niederer Kraft Frey acts as lead counsel to GF on this transaction, following its earlier lead counsel role in connection with the divestment of GF’s Casting Solutions division to Nemak (announced in July 2025) and the divestment of GF’s Machining Solutions division to United Grinding Group (announced in October 2024).

The NKF team is co-led by Transactions partners Philip Spoerlé and Andrea Giger and further comprises associates Carlotta Ulmer and Lorenzo Henseler (both Transactions), partner Thomas Hochstrasser (Commercial), partner Nicolas Birkhäuser and associate Lukas Poschung (both Antitrust), as well as counsel Marc Vogelsang (Tax).

NKF is supported by White & Case LLP with a team led by Stefan Bressler, Gernot Wagner and Rebecca Emory (all Frankfurt).