Lafayette Mittelstand Capital has acquired a majority stake in the Diametal Group, aiming to enhance its international expansion and innovation capabilities.

Target Information

The Diametal Group, established in 1936 in Biel, Switzerland, is a global leader in the production of high-precision cutting tools, super abrasives, and wear parts. With a rich heritage and extensive expertise, the company provides tailored solutions across various industries. Currently, Diametal operates from two production sites located in Biel, Switzerland, and Oltingue, France, employing over 170 staff members worldwide.

Industry Overview in Switzerland

Switzerland is renowned for its robust manufacturing sector, which is characterized by a strong emphasis on precision engineering and high-quality production. The cutting tool industry, specifically, plays a crucial role in this landscape, as it significantly contributes to the overall performance and efficiency of manufacturing processes across multiple sectors, including automotive, aerospace, and machinery.

In recent years, Switzerland's cutting tool market has experienced steady growth driven by technological advancements and innovations in manufacturing techniques. The demand for high-precision tools continues to rise