Hermes Capital-backed Mattenbach buys FO Group

The deal is part of a succession plan for the Konrad family, according to a statement from FO Group. Jürg Konrad will remain on the firm's board of directors.

Hermes acquired Mattenbach in November 2019. The GP said at the time that it planned to merge Mattenbach with its existing portfolio company DE Druck. Mattenbach has 200 employees.

Hermes invests in Switzerland-based companies, acquiring majority stakes and making long-term investments. The firm focuses on the areas of printing, packaging, real estate and financial services advisory.

Company
FO Group comprises FO-Fotorotar, FO-Zürisee, Druckzentrum Büelholz and IEB Medien. Based in Egg bei Zürich, the company provides communications, and offset and digital printing services, specialising in the media sector.

People
Hermes Capital – Alred Angst (executive vice-chairman); Vince Bang (executive chairman).
FO Group – Jürg Konrad (member of the board); Martin Hegglin (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Portfolio management
• DACH
• Industrials
• Build-up
• Switzerland