Bruno Fankhauser and Helvetica Capital to acquire Leoni Schweiz.

Bruno Fankhauser and Helvetica Capital, an independent, entrepreneurial investor, agreed to acquire Leoni Schweiz, a developer and producer of high-quality cables and wires for complex applications. Financial terms were not disclosed. “The sale of Leoni Schweiz shows that besides the sequential improvement of our operating performance, we are also making progress in focusing on the wiring systems business. Today we reached an important milestone. The market environment for transactions appears to be steadily improving and we received tangible indications of interest for further WCS-units. We will sell further units if we achieve fair value and if buyers present a viable concept," Aldo Kamper, Leoni CEO.