Ahlsell Announces Public Tender Offer for Meier Tobler Group AG

Swedish Ahlsell Group has launched a cash tender offer for all publicly held shares of Meier Tobler Group AG at CHF 45.50 per share, valuing the company at approximately CHF 492 million and representing a 30.8% premium to its 60-day volume-weighted average price. Meier Tobler’s board unanimously recommends acceptance, and majority shareholder Meier Capital AG has committed to tendering its 59.3% stake. Ahlsell plans to keep Meier Tobler operating independently, retaining its Swiss presence and workforce. The offer period runs from November 5 to December 2, 2026, with completion expected in the first quarter of 2027.