CMS ad­vises Cap­cel­lence Mit­tel­stand­spart­ner on ac­quis­i­tion of stake in Argo-Hytos Group

01/06/2016

Stuttgart – SME holding company Capcellence has taken a 49% stake in the international Argo-Hytos Group as part of a capital increase. The transaction was conducted via an investment vehicle formed especially for this purpose. The founder family, Kienzle, retains a 51% shareholding in the Switzerland-based Argo-Hytos Group. The transaction has already been completed.

Capcellence's investment in the Argo-Hytos Group is chiefly aimed at continuing and accelerating the above-average international growth of the Argo-Hytos Group and strengthening its capital base. The equity required for acquiring the stake was provided in full by Capcellence Holding.

Since the Argo-Hytos Group is headquartered in Switzerland, teams from Germany and Switzerland led by private equity experts Dr Tobias Schneider (Germany) and Dr Stephan Werlen (Switzerland) worked together particularly closely on the matter. A number of other CMS offices and additional international law firms were also involved in the transaction.

The Argo-Hytos Group, originally established in 1947 in Stuttgart, is an international technology leader specialising in high-quality customer-specific hydraulic components and systems. Based in Baar (Switzerland), the Argo-Hytos Group posted sales of around EUR 130 million in the last year for which figures are available. It operates 17 locations worldwide and employs some 1,300 people.

CMS Hasche Sigle

Dr Tobias Schneider, Lead Partner, Coordination
Dr Johannes Braun
Dr Christoph Lächler
Christina Lung, all Private Equity

CMS Switzerland

Dr Stephan Werlen, Lead Partner
Daniel Burkhardt, Corporate

CMS Czech Republic

Helen Rodwell
Frances Gerrard

CMS France

Jean-Robert Bousquet
Adeline Benoit

CMS Italy

Marco Casasole
Francesco Capasso

CMS Netherlands

Mark Ziekman
Herman Aerts

CMS UK

James Grimwood
Patrick McGushin
Narinder Jugpal

Press Contact
[email protected]

Related people

Tobias Schneider
Dr. Tobias Schneider
Partner
Stuttgart
Dr. Johannes Braun
Counsel
Stuttgart
Christoph Lächler
Dr. Christoph Lächler
Partner
Stuttgart