Announced
Completed
Synopsis
Carlyle-backed Arcotec, a watch components supplier for the Swiss premium mechanical watch market, completed the acquisition of Mebus MIM-Technik, a specialist in metal/ceramic injection molding technology. Financial terms were not disclosed. “Joining the Acrotec Group is great news for the company I have been building and growing for almost 20 years. At a time when the question of my succession is being raised, it is a great opportunity to join a group that, thanks to its wide range of products and skills, remarkably complements Mebus as a holistic strategic partner for its development. I would like to thank my team, our customers and our partners for all the progress they have made, with the deep conviction that this new step will give us additional resources and offer us exceptional synergies to conquer new markets," Michael Mebus, Mebus CEO.
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