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Announced

Completed

Renaissance completed the acquisition of a majority stake in Baitella.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Switzerland

Industrial equipment and machinery

Machinery: Industrial

Cross Border

Private

Completed

Private Equity

medical equipment

Majority

Acquisition

Friendly

Synopsis

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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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