Metall Zug Group consummates acquisition of Haag-Streit Holding AG

Zug, March 1, 2018 – The Metall Zug Group has completed the acquisition of 70% of Haag-Streit Holding AG, headquartered in Köniz, Switzerland.


Haag-Streit develops, produces and distributes high-quality products and services for diagnosis and surgery, mainly in the fields of ophthalmology and surgical microscopy. Following completion of the acquisition on February 28, 2018, Haag-Streit will form the fourth Business Unit Medical Devices of the Metall Zug Group. Like the other Business Units of the Metall Zug Group, the company will have its own market presence and will retain its own autonomous brand.


In the coming years, Metall Zug will invest in organic growth initiatives and the expansion of structures at Haag-Streit, as well as seeking growth through acquisitions.


As announced in the press release on the acquisition of Haag-Streit of December 22, 2017, the remaining 30% stake in Haag-Streit Holding AG will continue to be held by family shareholders and will be represented on the Board of Directors of Haag-Streit Holding AG by Mr. Christoph Haag.