German buyout firm Finatem Beteiligungsgesellschaft has acquired Swiss fastening technology company Mungo Befestigungstechnik.
New managing director Mathias Schlatt will acquire the remaining shares in the companies
GP plans to boost the company's expansion in new geographies and agri-food segments
Biotech company has raised €40m in equity financing since 2016
Mercia portfolio director Nigel Owens, previously a non-executive director, will step down