Switzerland's HOERBIGER Group to Acquire Physik Instrumente
KARLSRUHE, Germany, Dec. 18, 2025 — PI (Physik Instrumente) has signed an agreement to be acquired by HOERBIGER, a Zug, Switzerland-based technology group. For PI, the move provides greater resources to facilitate sustainable growth, while HOERBIGER gains the opportunity to expand into new markets.
The companies announced the deal in a shared release Wednesday. The deal is expected to close in the first quarter of 2026. Financial terms were not disclosed.
From left: Thorsten Kahlert, CEO of HOERBIGER; Markus Spanner, CEO of PI (Physik Instrumente); Karl Spanner, Founder of PI; and Martin Komischke, chairman of the board of directors HOERBIGER. Courtesy of PI.
PI’s global operations, with 1900 employees worldwide, will form the new Positioning Division within the HOERBIGER portfolio. PI has nine production sites in Europe, North America, and Asia, as well as 16 sales and service subsidiaries. Post acquisition, PI will remain a standalone operating unit, retaining its name, brand, and global market presence.
The acquisition is subject to regulatory approvals and is expected to close in the first quarter of 2026. Until closing, PI and HOERBIGER will continue to operate independently.
PI named Beate van Loo-Born, formerly of the Swiss Stock Exchange and UBS, CFO earlier this year.
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