CMS advises on the acquisition of the drive and process technology unit of Techex Handels AG

Zurich, 18 December 2020 | Valeta AG, headquartered in Zug, a portfolio company of Frankfurt-based financial investor Halder, acquires through its subsidiary Uniprod AG by way of an asset deal the drive and process technology unit of Techex Handels AG.

Techex Handels AG supplies more than 400 customers with more than 10,000 different products and assembly groups in pneumatics and process technology. The product portfolio includes valves, drives, fittings and hoses as well as control blocks.

The Valeta Group employs more than 200 employees in Germany, Switzerland and Lithuania. Approximately 3,000 customers are supplied from various customer industries, such as mechanical and plant engineering, aerospace and automation industry as well as medical technology. The group combines expertise in pneumatics, hydraulics, hydropneumatics, electromechanics as well as electronics and focuses on complex customized solutions as a strategic partner for its customers.

Halder has been active as a private equity firm in the German-speaking region since 1991 and has provided 42 medium-sized companies with equity capital for succession and growth in this period. Halder supports its portfolio companies in their international expansion and helps them to develop their strategy and business model. It also provides funding for expanding capacity and financing acquisitions. Halder is currently investing its sixth fund and managing a portfolio of six participations.

A team from CMS Switzerland, led by partner Stephan Werlen, advised Uniprod AG and the team of Halder (Philipp Scheier, Jatinder Pal Singh) on all legal matters of the transaction.

CMS Switzerland

• Dr Stephan Werlen, Partner, Corporate / M&A
• Alexandra Stocker, Associate, Corporate / M&A
• Sarah Keller, Associate, Employment
• Dr Simone Brauchbar Birkhäuser, Counsel, IP /IT
• Elena Gazke, Paralegal, IP / IT
• Katja Bertsche, Associate, Real Estate