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AFG Arbonia-Forster-Holding AG Amriswilerstrasse 50

AFG Arbonia-Forster-Holding AG Amriswilerstrasse 50

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Yesterday...<br />

The origins of <strong>AFG</strong> date back to 1874,<br />

when F. J. <strong>Forster</strong> started a coppersmith’s<br />

workshop in the old town of Arbon.<br />

In 1908 a new building was erected in<br />

Romanshorn Street in Arbon. In the winter<br />

of 2007/2008 a number of <strong>AFG</strong> employees<br />

were relocated from this old building<br />

to the <strong>AFG</strong> Corporate Center.<br />

100 years after they were fi rst occupied,<br />

2008/2009 will see the buildings in Zelg<br />

Street and Romanshorn Street knocked<br />

down. In 1904 the fi rst oven top parts<br />

were built, in 1915 the fi rst steel pipe<br />

radiators and in 1930 the fi rst profi le steel<br />

pipes. The takeovers by <strong>Arbonia</strong> (1958)<br />

and <strong>Forster</strong> (1973) created the basis for<br />

the new company name of the <strong>Arbonia</strong><br />

<strong>Forster</strong> Group in 1974 The origins of this<br />

28 | <strong>AFG</strong> Corporate Center<br />

A LOOK TO THE FUTURE<br />

<strong>AFG</strong> yesterday,<br />

today and tomorrow<br />

The history of <strong>AFG</strong> is a long and successful one. What began in 1874 as a<br />

coppersmith’s workshop in the small town of Arbon, is today one of the most<br />

prominent companies in Switzerland with over 6,200 employees worldwide.<br />

industrial group is even more unusual because<br />

for decades the company founder,<br />

Jakob Züllig, (deceased 1999) and his<br />

wife, Trudi Züllig-Grauer, owned and ran<br />

the Arbon town butcher’s shop. They<br />

made a major contribution to the economical<br />

development of the region, a region<br />

which is still fl ourishing today.<br />

With the planned stock market fl otation<br />

in mind, 1987 saw the founding of the<br />

<strong>AFG</strong> <strong>Arbonia</strong> <strong>Forster</strong> <strong>Holding</strong> <strong>AG</strong>. However<br />

the fl otation had to be postponed following<br />

the crash of the stock market in the<br />

fall of 1987. The fl otation fi nally took place<br />

though in the fall of 1988 when the <strong>AFG</strong><br />

was quoted on the Swiss stock market,<br />

SWX. The company began to expand more<br />

and more. Following the political turnaround<br />

and fall of the Iron Curtain, a large<br />

piece of land was acquired in 1991 in the<br />

town of Riesa, Saxony (near Dresden) on<br />

which the German subsidiary of <strong>AFG</strong>,<br />

<strong>Arbonia</strong>-<strong>Forster</strong> Riesa GmbH, established<br />

its headquarters. The company opened<br />

further subsidiaries in a number of European<br />

countries with the aim of increasing<br />

exports. With the two divisions, Heating<br />

Technology and Sanitary Equipment and<br />

Steel Technology, the market was consolidated<br />

by 2004.<br />

Today...<br />

Five years after Jakob Züllig died, in 2003,<br />

the joint heirs sold their majority share to<br />

Dr. Edgar Oehler. This led the way for the<br />

second phase of the <strong>AFG</strong> expansion. In<br />

the last 4 years the company’s turnover<br />

has more than doubled. In addition to

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