Announced
Financials
Sources
Tags
Private Equity
Pending
Switzerland
Majority
Machinery: Specialty
Friendly
micro miniature products
Acquisition
Single Bidder
Private
Cross Border
Synopsis
FountainVest Partners, an Asian private equity firm, agreed to invest in SPT Group, a provider of micro miniature products. Financial terms were not disclosed. The cross-border transaction covers SPT’s headquarters in Switzerland and its subsidiaries in China, the Philippines, Singapore and Japan with several carve-outs. The founding family retains a minority stake in SPT.
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