Stoco SA has been acquired by Meyco Holding AG
The owners of Stoco SA, a supplier to the Swiss watch industry, have sold their 91.7% stake to Mayco Holding AG. The financial terms of this transaction have not been disclosed.
Stoco SA designs and builds precision systems for the assembly of watch movements and offers contract services related to the conditioning of watch movement parts. Clients are mostly large and renowned Swiss watchmaking companies. The owners decided to sell their shares to an industrial buyer, who would secure the continuity of the company at its present location and support its further development together with the existing management.
Meyco Holding AG owns numerous companies supplying the watch industry, including Lécureux SA, which is a supplier of precision assembly machinery to the watchmaking and medical technology industries.
Oaklins' team in Switzerland advised the owners of Stocco SA on the sale of their shares.
Talk to the deal team
Related deals
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 moreEast Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Learn moreQuantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Learn more