The founding family of VOGT AG has sold the company to Artum AG for an undisclosed consideration.
VOGT AG focuses on the development and assembly of fire fighting and emergency vehicles based on platforms of major players like Mercedes-Benz, Scania, MAN and Iveco. In addition, it is a reseller of water transport solutions (supply of water or drainage at remote locations) and a supplier of other equipment for fire departments and emergency management services such as flood control devices and customized fittings.
Artum is a Swiss industrial holding company owned by entrepreneurs. Artum owns a small number of mid-sized companies with the goal to develop them in the long term. The group acquires a company mainly in a succession situation and plans to continue working with the former owners. The Artum shareholders are experienced Swiss entrepreneurs with substantial operational and strategic management experience. This know-how is shared with their portfolio companies.
Oaklins' team in Switzerland advised the seller in this transaction.
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