Carlyle-backed Acrotec to acquire Team-Metal.

Carlyle-backed Acrotec, an independent supplier of high precision industrial applications to the watchmaking and MedTech industries, agreed to acquire Team-Metal, a MedTech equipment manufacturer. Financial terms were not disclosed. “In agreeing to acquire Team-Metal, we achieved a twin objective: developing our Medtech division and expanding our presence in the Asian market. We are delighted that we will be partnering with Team-Metal and believe that this acquisition brings great technical and geostrategic added value. Our Group will always keep its roots and anchorage in Switzerland, while this acquisition will allow it to position itself as an international player in the global Medtech markets," François Billig, Acrotec CEO.