The previously announced sale of 15% of the shares in Schweizer Electronic (Jiangsu) Co., Ltd. (SEC) to WUS Printed Circuit (Kunshan) Co., Ltd. (WUS) was successfully completed in fiscal year 2025 with receipt of the fully agreed purchase price.
With the successful closing of the transaction, SCHWEIZER has sustainably strengthened its liquidity and financial position. Despite the divestiture, SEC remains an integral part of the Group's international production and supply strategy.
Successful Refinancing and Long-Term Planning Security:
Parallel to the completion of the share sale, Schweizer Electronic AG successfully implemented a comprehensive refinancing of its financial liabilities. As part of the transaction, two existing loans were refinanced. The original financing arrangements, maturing on December 31, 2025, and December 31, 2028, respectively, were converted into two new amortizing loans with a term until the end of 2033 under the refinancing agreement.
These measures significantly improve the maturity structure of the financial liabilities. The company thereby increases its financial flexibility and creates a reliable foundation for implementing the Group's strategic development in the coming years.
The company's board of directors considers both the successful sale of shares and the completed refinancing to be a significant milestone in strengthening the capital structure and securing the company's long-term financing.