MEK Holding SA and subsidiaries have been acquired by Kowema Beteiligungs AG
February 2014 — Kowema Beteiligungs AG (Kowema), an investment vehicle funded by Swiss pension funds, has acquired MEK Holding SA together with its subsidiaries Nova Werke AG, operating under the highly-renowned Novaswiss brand, Ceramaret SA, a producer of components made of extremely hard materials, and Maillard Frères SA, specializing in the processing of ruby, sapphire and advanced ceramics mainly for the watchmaking industry. Financial terms of this transaction have not been disclosed.
MEK Holding SA has been owned by the Knechtli family for 25 years. The owners preferred a package sale of the holding company, even though it had activities in various industry sectors. The three companies had limited operational synergies but the seller preferred to divest the entire group to the same buyer.
Kowema is an alternative investment vehicle exclusively owned by Swiss pension funds. It was founded in 2007 and so far operates through two groups of companies. Kowema' strategy is to acquire eight to ten independent Swiss mid-cap companies in order to contribute to the development of Swiss economy and generate attractive returns for its shareholders.
Our role in the transaction
Oaklins' team in Switzerland advised the seller, a private individual, on the entire succession process, including assistance in preparing the companies for the sale, the identification and approach of potential buyers, and assistance in negotiating and closing the transactio
Talk to the deal team
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more