DGAP-News: Zurmont Madison Private Equity: Well-organised succession at Schaetti Holding AG (Wallisellen, Zurich)
(firmenpresse) - EquityStory AG-News: Dynamics Group AG / Key word(s):
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Zurmont Madison Private Equity: Well-organised succession at Schaetti
Holding AG (Wallisellen, Zurich)
30.05.2013 / 15:29
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Press Release
Zurmont Madison Private Equity:
Well-organised succession at Schaetti Holding AG (Wallisellen, Zurich)
Zurich, 30 May 2013: In the context of a company succession transaction, ZM
Advisory AG, Zurich ('Zurmont Madison') and co-investors are taking a
majority stake in Schaetti Holding AG, Wallisellen ('Schaetti'). The
company is in the business of making thermoplastic powder and granulates,
and owns production facilities in Germany and China. Daniel Schaetti will
continue to hold a minority stake and remain on the Board of Directors.
Daniel Anliker, formerly active as a partner at Zurmont Madison, will take
over the operational management at Schaetti Holding.
Schaetti is a Swiss technology company and plays a leading role
internationally in the development, polymerisation, compounding,
micronisation and sales of thermoplastic and adhesive powders. The group
has its headquarters in Wallisellen, Zurich, and has production facilities
in both Germany and China from where it supplies a large number of
customers that are predominantly in the textile, automotive, hygiene
product, metal coatings and packaging sectors. Schaetti has grown strongly
in recent years, particularly in China.
The new investors provide Schaetti with strong, industrial partners who
will join the management team in continuing to pursue its international
growth strategy. Daniel Schaetti added: 'After the last three very
successful years, I am very happy today to be handing the group over to a
competent group of investors to secure the continuation of the growth we
had planned. I am particularly pleased that Daniel Anliker, who I know to
be an extremely experienced and multilingual CEO, is going to take on the
management of the group.'
Co-Investor AG will be joining Zurmont Madison in taking a stake in
Schaetti. This network of investors is based in Zurich and Frankfurt, and
is specialised in taking equity participations in medium-sized companies in
German-speaking countries. It sees this Swiss company as an ideal fit for
its portfolio. Other co-investors include two institutional private equity
investors F&C Asset Management plc (investing through F&C Private Equity
Trust plc) of the UK und funds advised by Parvilla SAS of France.
Zurmont Madison managed the completion under the terms of a deal-by-deal
financing transaction. Andreas Ziegler, Partner at Zurmont Madison, will
represent the interests of Zurmont Madison and its co-investors on
Schaetti's Board of Directors. He stressed: 'We are pleased that, together
with our co-investors, we have once again found a solution for a successful
entrepreneur's succession. The high level of demand on the part of
investors reflects the attraction of the company and their interest in
investments in solid medium-sized companies with good prospects for
international growth.' Raiffeisenbank, St. Gallen participated in the
senior debt portion of the transaction.
About Zurmont Madison
The funds advised by Zurmont Madison (www.zurmontmadison.ch) have invested
around CHF 500 million in equity to finance corporation succession, MBOs
and spin-offs of group companies in Switzerland, Germany and Austria.
Currently, Zurmont Madison Private Equity L.P. has CHF 250 million under
management and owns six majority shareholdings.
About Co-Investor
Co-Investor AG is based in Frankfurt and Zurich. It comprises a network of
successful entrepreneurs and wealthy individuals who jointly invest private
funds as equity in medium-sized businesses in German-speaking countries.
Co-Investor has to date invested in 23 companies with a total volume in
excess of EUR 100 million.
For further information:
Media Office Zurmont Madison Management AG
c/o Dynamics Group AG
Edwin van der Geest / Philippe Blangey
Tel. +41 43 268 32 32
End of Corporate News
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30.05.2013 This press release was distributed by EQS CORPORATE
COMMUNICATIONS.
www.eqs.com - news archive: www.eqs.com/ch/presskit
The issuer is responsible for the contents of the release.
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213948 30.05.2013
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Datum: 30.05.2013 - 15:29 Uhr
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