Announced
Completed
Financials
Tags
Single Bidder
Switzerland
Industrial equipment and machinery
Machinery: Industrial
Cross Border
Private
Completed
Private Equity
medical equipment
Majority
Acquisition
Friendly
Synopsis
Renaissance completed the acquisition of a majority stake in Baitella, a company that provides medical and industrial sectors with articulated supports and accessories in standard and customized versions. Financial terms were not disclosed. "Renaissance is very enthusiastic about this new acquisition. Baitella fits perfectly into Renaissance's investment strategy. Thanks to our particularity of being an Evergreen fund, we can ensure the long-term and sustainable development of our SMEs," Christian Waldvogel, Renaissance Associate Director.
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