Crédit Mutuel Equity completed the acquisition of a minority stake in SERTO from EGS Beteiligungen.

Crédit Mutuel Equity, a private equity firm, completed the acquisition of a minority stake in SERTO, a specialist in the field of tube fittings and pipe connection components, from EGS Beteiligungen, an investment company. Financial terms were not disclosed. SERTO is in an excellent position to implement a growth strategy. The SERTO Group is a globally recognized specialist in pipe connection technology. With the unique SERTO system, the SERTO Group offers solutions for all industries and applications in which liquids or gases are transported, distributed or regulated. SERTO's customers include leading manufacturers from the semiconductor, pharmaceutical, energy and hydrogen sectors. 300 employees at seven locations in Europe and Asia take care of development, production and sales. The SERTO Group attaches great importance to quality, reliability and sustainability. The company has developed successfully in recent years and has great potential for further profitable growth.