Go to deals
Automotive | Industrial Machinery & Components

ASSAG has been acquired by AVTEC Limited

The private shareholder of ASSAG, a leading designer and seller of crown gear technology, has sold the company to AVTEC Limited. Financial details have not been disclosed.

ASSAG specializes in crown gear technology and has been developing innovative gearing solutions for many different applications for over 20 years.

AVTEC Limited, a powertrain major from India, is part of the diversified multi-billion dollar CK Birla Group, headquartered in New Delhi, India. The know-how of AVTEC combined with ASSAG's capabilities complement each other and will create substantial synergies for both companies.

The owner of ASSAG considered AVTEC as a potential strong strategic partner and mandated Oaklins' team in Switzerland to advise on the negotiations. Our team prepared and lead an extensive due diligence process with the advisors to AVTEC, conducted the negotiations and assisted in the preparation of the closing of the transaction.

M&A sell-side

Talk to the deal team

 Juraj  Janos

Juraj Janos

Bern, Switzerland
Oaklins Switzerland

Related deals

Acquisition of Stantraek by Novedo
Industrial Machinery & Components

Acquisition of Stantraek by Novedo

Novedo has acquired Stantraek.

Learn more
ScaleAQ acquires Skala Maskon
Agriculture | Industrial Machinery & Components | Private Equity

ScaleAQ acquires Skala Maskon

TINE SA, one of Norway’s largest food companies, and Nortura SA, a large food producer, have sold Maskon AS to ScaleAQ.

Learn more
SAPA Group has acquired a majority stake in Grupo Hispamoldes
Private Equity | Automotive

SAPA Group has acquired a majority stake in Grupo Hispamoldes

SAPA Group, one of Europe’s leading makers of specialist next-generation parts for the sustainable mobility industry, has acquired a majority stake in Grupo Hispamoldes, a portfolio company of Quarza Inversiones, the investment vehicle created by Cristian Abelló in 2019, who will stay on as one of Hispamoldes’ shareholders.

Learn more