Callista buys PCH Metals

The private equity firm carved the subsidiary PCH Metals out of parent group Zehnder, who will remain an important customer. The vendor initiated the sale, which was conducted via an auction process.

Callista hopes to increase the plant's utilisation, in order to mitigate declining sales volume in the radiator business. It plans on enhancing the company's focus on sheet metal products and thereby broaden its customer range across mechanical engineering and metal processing businesses.

Company
PCH Metals is a producer of radiators and sheet metal components. The company has 100 employees and is located in the French city of Châlons-en-Champagne. It had been part of Swiss listed business Zehnder prior to the buyout.

People
Olaf Meier is CEO at Callista. Christian Muschick is investment manager at Callista.

Advisers
Equity- Core Legal, Michael Järkel (Legal)

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• Topics
• France
• Industrials
• Buyouts
• DACH
• France