CAPSA has been acquired by Acrotec SA

The private owners of CAPSA – Camille Piquerez SA (CAPSA) have sold the company to Acrotec SA, a portfolio company of Carlyle Group.

CAPSA is the leading manufacturer of small parts for the Swiss watch industry. Located in the center of the Swiss watchmaking region, the company produces high-precision and high-quality components for watch casing and watch movement. It operates a state-of-the-art machinery park with more than 375 machines. CAPSA was a family-owned company, and its roots go as far back as 1935, when it was founded as a manufacturer of bicycles. It ventured into producing watch-making components in 1951. As a member of the Responsible Jewelry Council (RJC) since 2015, the company adopts ethical, environmental, human rights and social welfare practices throughout its supply chain.

Through its companies, the Acrotec Group brings together unique and complementary skills in the high-precision technology markets. Be it with high-tech components or with specialized services, the Acrotec Group is present in the watchmaking, medtech, automotive, aerospace, aeronautics and electronics industries. The group’s companies are located mainly in Switzerland, France and the US.

Oaklins’ team in Switzerland acted as the exclusive sell-side advisor to the shareholders of CAPSA in the transaction.

Service

M&A sell-side

Parties

“The Oaklins team in Switzerland has advised the owner families and the management of CAPSA for many years. After assisting us in the MBO, they helped us in evaluating acquisition opportunities, and finally guided us safely through the sale process of the company. Together with them, we managed to conclude the transaction with our partner of choice within a few months. We have appreciated their professionalism and high level of commitment over many years and have been able to build a close relationship of trust.”

Daniel Streit

Chairman of the Board of Directors, CAPSA - Camille Piquerez SA

Talk to the deal team

Dr. Roberto Tracia

Partner

Bern, Switzerland
Oaklins Switzerland

View profile Get in touch

Beatrice Brizuela

Senior Associate

Bern, Switzerland
Oaklins Switzerland

View profile Get in touch

Related deals

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more

Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.

Consumer & Retail

Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.

Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.

Learn more

Chequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector

Private Equity | Food & Beverage

Chequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector

Chequers Partenaires S.A., acting as the management company of the private equity fund Chequers Capital XVIII SLP, together with management, has completed the acquisition of 100% of the share capital of Gourmet Italian Food S.p.A. (GIF). The company was previously owned by Alcedo SGR S.p.A. through the Alcedo IV Fund, FVS SGR S.p.A. through the Sviluppo PMI Fund, and minority shareholders.

Learn more