12 juin 2024 – Montana Aerospace (SIX: AERO) signed an agreement to divest its e-mobility business, Alu Menziken Group, to Mengtai Germany, a 100% subsidiary of Mengtai Group. For Montana Aerospace, the divestment represents a critical step in implementing of the previously announced goal to streamline its portfolio as a focused aerostructures company. Alu Menziken is an established manufacturer of lightweight components from aluminium, including solutions for e-battery systems, structural components, and crash management systems. With around 700 employees and production facilities in Switzerland, Austria, and Romania, Alu Menziken covers the complete value chain with its integrated production capabilities, from casting raw material and extrusion to machining, surface treatment and assembly of manufactured components. In 2023, the company generated consolidated net sales of EUR 160.9 million with an adjusted EBITDA of EUR 25.4 million.

The closing is subject to usual conditions, including regulatory approvals. The parties agreed to not disclose the purchase price.

Walder Wyss AG acted as legal counsel to Montana Aerospace. The team has been led by Urs P. Gnos (Partner, Corporate/M&A) and Christian Hagen (Managing Associate, Corporate/M&A) and further included Nico Bernhard (Managing Associate, Corporate/M&A), Lukas Wyss (Partner, Finance), André Kuhn (Partner, Real Estate), Thomas Meister (Partner, Tax), David Vasella (Partner, Data Protection) and Marina Srienz (Associate, Finance).