Target Company Overview

Groupe Acrotec has announced the signing of agreements to acquire two privately-held companies: Diener Ltd., which includes Diener AG Precision Machining and Diener Precision Pumps, and Tectri Ltd. Both companies specialize in the development and manufacturing of precision components and pumps, primarily for the medtech sector. Together, these acquisitions are projected to generate sales of nearly CHF 60 million for Groupe Acrotec in 2019.

This strategic move reinforces Groupe Acrotec's commitment to diversifying its portfolio within the medtech industry. The addition of Diener and Tectri enhances the company's capacity to pursue stable organic growth, complementing its existing endeavors in high-value sectors such as watchmaking, jewelry, and precision high-tech manufacturing.

Industry Overview in Switzerland

The medtech sector in Switzerland is recognized as a global leader, characterized by innovation and high-quality standards. It encompasses a wide range of products including surgical instruments, diagn