DGAP-News: Zurmont Madison Private Equity acquires majority in CCS Holding AG
(firmenpresse) - EquityStory AG-News: Dynamics Group AG / Key word(s): Mergers&Acquisitions
Zurmont Madison Private Equity acquires majority in CCS Holding AG
05.04.2011 / 13:45
---------------------------------------------------------------------
Press release
Zurmont Madison Private Equity acquires majority in CCS Holding AG
Zurich/Lyss, 5 April 2010 - Zurmont Madison Private Equity L.P. ('Zurmont
Madison') has acquired a majority in Swiss CCS Holding AG ('CCS'), an
outsourcing partner for electronic engineering and manufacturing services,
as part of a succession agreement. This provides the company, which has
production sites in Switzerland, Sri Lanka and China, with the financial
and industrial backing to implement the next steps in its growth strategy.
Aside from Zurmont Madison, CCS founder Stephan Schindler and now also the
management team under CEO Thomas Kaiser will hold minority shareholdings.
The CCS Group (www.ccsholding.com), based in Lyss in the canton of Berne,
was founded by Stephan Schindler and AndréBonzon in 1985. It offers
outsourcing services for electronic and mechatronic applications and is
certified under a number of globally recognized standards. CCS is active in
the development of hardware, software and test concepts, as well as in
material management and the production and life-cycle management of
assemblies and machinery. Its international production environment with
state-of-the-art sites in Switzerland, Sri Lanka and China allows for
customer-specific engineering and prototyping, as well as the assembly,
testing and monitoring of pilot series to medium series. In 2010, CCS
generated revenue of just under CHF 60 million with a staff of 1,000. Its
clients are mainly in Switzerland and Europe.
Zurmont Madison will be a strong partner for CCS and ensure stable
succession. The founders will retain a stake in the company. The previous
management team will in future also hold a stake in the company and will
remain responsible for the operational management of CCS. Zurmont Madison's
majority stake provides access to solid financial solutions for the
implementation of a globally oriented buy-and-build strategy. The trend
towards relocating production to Asia continues unabated and provides
established outsourcing partners such as CCS with excellent expansion
opportunities.
Daniel Anliker, a partner at Zurmont Madison Management AG, emphasises: 'We
look forward to working together with the successful team at CCS to take
the next steps towards growth. In the process, Zurmont Madison will provide
both the financial and industrial backing necessary to implement the
buy-and-build strategy.'
Stephan Schindler, founder of CCS, says: 'This step is above all a
responsible succession solution that ensures the continued existence of the
CCS Group. I am confident that in Zurmont Madison we have found a
shareholder that is a good fit for our company. We look forward to a
successful partnership.'
About Zurmont Madison Management AG
Investment funds consulted by Zurmont Madison (www.zurmontmadison.ch) have
to date invested more than CHF 400 million in equity capital in 20
shareholdings by focusing on financing corporate successions, MBOs and
spin-offs of Group companies in Switzerland, Germany and Austria. The
current Zurmont Madison Private Equity L.P. fund has a volume of CHF 250
million and currently owns four majority shareholdings: Röder Zeltsysteme
und Service AG, Germany; Schweizer SMB SA in Ticino; CLS Communication AG
in Zurich; and Bauwerk Parkett AG in St. Margarethen.
Further information:
Zurmont Madison Management AG
Daniel Anliker, Partner
Tel. +41 44 267 50 00
www.zurmontmadison.ch
End of Corporate News
---------------------------------------------------------------------
05.04.2011 News transmitted by EquityStory AG.
The issuer is responsible for the contents of the release.
EquityStory publishes regulatory releases, media releases on the
capital market and press releases.
The EquityStory Group distributes authentic and real-time financial
news for over 1'300 listed companies.
The Swiss news archive can be found at
http://www.equitystory.ch/nachrichten
---------------------------------------------------------------------
118470 05.04.2011
Datum: 05.04.2011 - 13:45 Uhr
Sprache: Deutsch
News-ID 33713
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 181 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Zurmont Madison Private Equity acquires majority in CCS Holding AG"
steht unter der journalistisch-redaktionellen Verantwortung von
Dynamics Group AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
