
CGS acquires Rauscher & Stoecklin
CGS Management has acquired Swiss electrical components company Rauscher & Stoecklin as part of a planned buy-and-build project.
The industrials-focused fund plans to create a medium-sized European group providing electrical infrastructure products, primarily by way of bolt-on acquisitions. The business was acquired from private owners through CGS Management's CGS III fund.
Debt
Debt was used in this transaction, though no further details were available.
Company
Rauscher & Stoecklin was founded in 1919 in Sissach, a village in northern Switzerland. The company has 90 staff and a turnover of CHF 35m. It manufactures oil-cooled transformers and electrical engineering equipment, and develops its product range in line with technological advances.
People
Dr Rolf Lanz is the managing partner of CGS.
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