V. Nordeck International Holding has acquired a 70 percent stake in Fritschi, the Swiss specialty manufacturer of ski bindings, from Andreas and Christian Fritschi. Andreas Fritschi continues to keep 25 percent of the shares, while the other 5 percent go to Stefan Ibach, who has been the company’s managing director since 2004. Andreas and Christian Fritschi are the second generation of the family that founded the binding company in 1960. The two accepted V. Nordeck’s investment to make sure that the future of both the company and its employees is secured in the long-term. A major issue for the family is that production should remain in the Berne region of Switzerland, where some 50 people are employed. Currently, Fritschi sells into 32 countries worldwide; 85 percent of its business is outside Switzerland. Fritschi is the manufacturer and marketer of Diamir, the famous binding for touring skis.
