SERTO Welcomes Crédit Mutuel Equity as Minority Stakeholder in Succession Strategy

Deal News | Nov 14, 2024 | Credit Mutuel Equity SA

SERTO Welcomes Crédit Mutuel Equity as Minority Stakeholder in Succession Strategy

Crédit Mutuel Equity SA has acquired a minority stake in the Swiss company SERTO Group, a specialist in pipe connection technology, as part of a strategic succession plan. SERTO's main investor, EGS Beteiligungen AG, assumed majority control in February 2024 following the retirement of two long-standing shareholders. Crédit Mutuel Equity has partnered with EGSB to drive SERTO's future development, retaining CFO Kurt Bolliger and CEO Andreas Mühlthaler as part of the leadership team. SERTO, with its innovative SERTO system, services industries including semiconductor, pharmaceutical, energy, and hydrogen, boasting over 300 employees across Europe and Asia. The firm is positioned well for continued growth, underscored by a focus on quality, reliability, and sustainability, all pivotal for its targeted growth strategy.

Sectors

  • Manufacturing
  • Private Equity

Geography

  • Switzerland – The primary location of SERTO Group and EGS Beteiligungen AG, where major corporate activities and investments took place.
  • Europe – Region where SERTO operates multiple locations and is targeting its growth strategy.
  • Asia – Region where SERTO has operational presence, indicating part of its global strategy and market reach.

Industry

  • Manufacturing – SERTO Group operates in the manufacturing industry, specifically within pipe connection technology, offering solutions across various sectors.
  • Private Equity – Involves Crédit Mutuel Equity's minority investment and partnership with EGS Beteiligungen AG, reflecting Private Equity activity in succession planning and company growth strategies.

Financials

    Participants

    NameRoleTypeDescription
    SERTO GroupTarget CompanyCompanyA Swiss company and specialist in pipe connection technology, which has recently received minority investment from Crédit Mutuel Equity.
    Crédit Mutuel Equity SAInvestorCompanyA private equity firm taking a minority stake in SERTO, involved in supporting the company's growth and succession planning.
    EGS Beteiligungen AGMajority InvestorCompanyA Swiss investor focused on long-term commitments, assumed majority control of SERTO for succession planning.
    Kurt BolligerCFO/Remaining ShareholderPersonChief Financial Officer and one of the remaining shareholders supporting SERTO's strategic growth.
    Andreas MühlthalerCEO/Remaining ShareholderPersonChief Executive Officer and one of the remaining shareholders leading SERTO through its growth strategy.