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Announced

Completed

Harald Quandt Industriebeteiligungen completed the acquisition of a majority stake in Zetcom Group.

Synopsis

Harald Quandt Industriebeteiligungen, a principal investment firm, completed the acquisition of a majority stake in Zetcom Group, a provider of inventory management software for museums, foundations, associations and corporate collections. Financial terms were not disclosed. "Together with Marcel Zemp, Dominik Gertsch and the first-rate management team we intend to further promote and accelerate the growth profile of the company, particularly through further internationalization. In addition, we see significant growth potential in the development and expansion of the product portfolio. In this regard, we will also consider acquisitions and strategic investments," Gregor Harald May, HQIB Managing Director.

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