Jamieson is pleased to announce that it has advised the Management team of Swiss-based Acrotec on the acquisition of the business by The Carlyle Group. The transaction is subject to regulatory approvals and is expected to close in Q1 2021
Headquartered in Develier, Switzerland, Acrotec is a leading independent supplier of high precision industrial applications to the watchmaking and MedTech industries as well as other high value industrial end markets, such as Automotive, Electronics and Aerospace. The company is a market-leading supplier into the established Swiss luxury watch-making market, manufacturing critical components for mechanical watch movements with major luxury watch brands as key customers. Acrotec recently expanded its position as a trusted MedTech contract manufacturer leveraging its high-precision engineering capabilities to service a diversified base of global customers. The company employs approximately 1,200 people across 18 locations and exports to over 40 countries.
“The collaboration with Jamieson has been extremely professional and pleasant and it has allowed us to achieve a great agreement for all the parties involved”
Philippe Metzger, Chief Marketing, Sales and Business Development Officer
Felix Rose, Daniel Meschaninov and Sabrina Goetz advised the Acrotec Management team on their reinvestment into the new structure and the financial and economic terms and conditions of the management investment going forward.