SWITZERLAND/ BELGIUM – Alpha acquires Dietiker and NFI
Alpha Private Equity has acquired the Zurich-based Dietiker group for an undisclosed sum from its family shareholders. The investment is the fifth investment from the financial investor’s Alpha Private Equity Fund 5 (APEF 5), which closed in February this year.
Dietiker group is a non-ferrous metal recycling and trading business with operations in Switzerland, various countries of the European Union, as well as the Arabic peninsula and China.
Simultaneously, the buyout house has acquired Belgium-based NFI, a holding company of Métallo-Chimique, a non-ferrous metal refiner with operations in Belgium and in Spain.
APEF 5 will hold the majority of the share capital of Metallum Holding, the acquisition holding. The funds will be associated to the existing management teams of both groups as well as the historic family shareholders. The transaction is currently awaiting regulatory approval and is expected to complete in February.
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