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
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