NEWS  COMPANY

April 2016

Hawa and EKU grow together

The beginning of 2017 will see the creation of Switzerland‘s premium provider of sliding solutions from a single source.

Today, the companies Hawa AG and EKU AG have announced they will legally become a single enterprise operating under the new name of Hawa Sliding Solutions AG as of the beginning of 2017. The two family-owned businesses based in Mettmenstetten and Sirnach are specialists in sliding applications. The merger will create a leading global provider of sliding solutions with its sights set on long-term growth.

Hawa Sliding Solutions AG will operate as a single entity with a joint management team and two operating sites in Mettmenstetten and Sirnach, which will be maintained. The two brands of Hawa and EKU will continue to exist as assortment brands in the company‘s marketplaces.

The new management team will take up its work on 1 July 2016. It is composed of experienced Hawa and EKU executives. Gregor and Heinz Haab will jointly manage the company as representatives of the owner families. The current managing director of EKU AG – Heinz Schmidhauser – will retire at the end of June 2016. The completion of the integration process to create a single entity is scheduled for the end of 2018. “The integration process will produce a company that is economically even stronger. This is a prerequisite for sustainable growth. We intend to use the synergy effects to significantly boost our power to innovate and to offer our customers an even more comprehensive range of sliding solutions,” says Gregor Haab, one of the two future CEOs of Hawa Sliding Solutions AG.

Hawa and EKU reacted to the strong franc by introducing cost-cutting and marketing measures in 2015. Additional savings can be achieved by the end of 2018 by merging certain corporate functions. Customers will receive everything they need from a single source and a single company thanks to the integrated product portfolio. “By merging the two companies we are securing our business sites in Switzerland and our future as a Swiss company,” says Heinz Haab, future Co-CEO of Hawa Sliding Solutions AG.