Announced
Financials
Tags
Acquisition
Cross Border
Switzerland
flexible part feeder
feeders
Machinery: Specialty
Majority
Private
Private Equity
Pending
Friendly
Single Bidder
Synopsis
capiton, a private equity firm, agreed to acquire a majority stake in Asyril, a flexible feeding systems, from Nivalis Group, a private equity firm. Financial terms were not disclosed. "Nivalis and capiton are confident that this acquisition, which comes at a critical time in Asyril's development, will enable Asyril to accelerate its growth over the next few years. Asyril's management, also a stakeholder in this transaction is delighted with this wonderful opportunity and is committed, along with all its employees, to perpetuate the spirit of innovation, quality and dynamism established from the very beginning of the company," Asyril.
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