A successful Swiss SME regulates his succession: The founder and owner of Pixy AG has sold his company to Sécheron Hasler Group. Both groups supply the railway industry, their products are complementary. Pixy will be managend independently.
Pixy AG is one of the leading global manufacturers of visualisation solutions for railway technology. On the basis of the latest technologies, Pixy develops and produces high-quality visualisation systems (HMIs = Human-Machine-Interfaces) and software, which are installed in rail-bound vehicles (trains, metros, trams etc.). These HMIs are used to control, enter and visualise driving and signal data in the cockpits. In total, Pixy has more than 40’000 HMIs in use in over 60 countries. The company employs around 40 highly qualified staff in Switzerland and its subsidiary in Shanghai. Pixy built its own company property in Untersiggenthal (Kanton Aargau) in 2008: a building that respects the environment and yet stands out for an architectural language that creatively corresponds to the design, materialisation and colouring as well as the character and needs of Pixy products and has attracted attention as an industrial building. Pixy has successfully established itself as a protected brand product in a niche in the global rail market and embodies the values of many successful SMEs in Switzerland: high technological competence and flexibility, a lot of innovation with a low vertical range of manufacture. For this reason, several domestic and foreign companies have approached founder and owner Mark Meier von Streng (65) with takeover bids in the last three years. In this way, a succession plan suitable for the company could be specifically selected: On April 30, 2018, Mark Meier sold Pixy AG to Sécheron Hasler International SA, a global supplier of safety-relevant components and systems, primarily for the railway industry, which was founded 125 years ago. It employs around 1100 people in Switzerland (Geneva, Berne) and various subsidiaries in the key markets. «Sécheron Hasler Group was my ideal candidate: an industrial group controlled by Swiss entrepreneurs with locations in Switzerland, which can ideally complement its product portfolio with the acquisition of Pixy», says Mark Meier. Martin Balters, CEO of Sécheron Hasler Group, adds: «We want to develop Pixy in the long term as well as autonomously and offer our customers even more comprehensive solutions. In technology and sales, we can exploit synergies.» The Pixy headquarters in Untersiggenthal, the location in Shanghai and the jobs will be retained. As of July 1, 2018, the company will be managed by Roland Wegner, previously Head of Sales, who will succeed Mark Meier as CEO.