Zurmont Madison et al. take majority stake in Schaetti

Zurmont Madison raised capital on an ad hoc basis to finance the transaction. Raiffeisenbank provided a senior debt facility.

The deal was sourced directly through founder Daniel Schaetti, which kept negotiations exclusive from an early stage. Negotiations took six months from start to closing.

Co-Investor AG will be joining Zurmont Madison in taking a stake in Schaetti. This network of investors is based in Zurich and Frankfurt, and views Schaetti as an ideal fit for its portfolio.

Other co-investors include two institutional investors, among them F&C Asset Management plc, which is investing through F&C Private Equity Trust plc.

The new investors will provide Schaetti with industrial partners who will join the management team. Daniel Schaetti will meanwhile continue to hold a minority stake in the business and will remain on the board of directors.

Zurmont Madison aims to further the company's organic growth, as well as support its international growth strategy through entering new markets in Europe and China.

Company
Based in Wallisellen, Zurich, Schaetti is a Swiss technology company that develops thermoplastic powder and granulates. It also has production facilities in Germany and China.

Schaetti supplies customers that are predominantly active in the textile, automotive, hygiene products, metal coatings and packaging sectors. Schaetti is understood to have grown rapidly in recent years, particularly in China.

People
Andreas Ziegler is a partner at Zurmont Madison. Daniel Anliker, formerly a partner at Zurmont Madison, will take over the operational management at Schaetti. Daniel Schaetti is the founder of Schaetti.

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

• Topics
• DACH
• Buyouts
• Now researching
• Industrials
• Switzerland
• Zurmont Madison Management