Baker McKenzie advises Meier Tobler Group AG (“Meier Tobler”) on the public tender offer by Sweden’s Ahlsell AB (publ) (“Ahlsell”) for all outstanding registered shares of Meier Tobler. The offer price is CHF 45.50 per share net in cash, and the total value of the offer amounts to approximately CHF 492 million.
Meier Capital AG, the main shareholder holding 58.55% of the shares, and its owner Silvan G.-R. Meier support the offer and agreed with Ahlsell to tender their shares.
The main offer period runs from 5 November to 2 December 2026 and settlement is expected in the first quarter of 2027. The offer is subject to certain conditions specified in the offer prospectus.
The Baker McKenzie team is led by Alexander Fischer and Yves Mauchle and includes Boris Wenger, Laksanaporn (Namfon) Chaiyakham, Dzeneta Hrustic and Nicole Christ.
About Meier Tobler
Founded in 1937, Meier Tobler is a Swiss specialist in building services technology headquartered in Schwerzenbach in the canton of Zurich. Its shares are listed on the SIX Swiss Exchange (symbol: MTG). The company employs around 1,300 people in all language regions of Switzerland and operates in the areas of trade, heat generation, climate systems and service.
About Ahlsell
Ahlsell is one of the leading B2B industrial distributors of technical products and services in the Nordic and Baltic countries, serving customers in industry, infrastructure and installation. In 2025, the company generated sales of around SEK 52 billion. Ahlsell has nearly 8,000 employees and around 300 branches.
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