SCHURTER family places majority interest in new hands
Capvis Acquires Majority Interest in Lucerne-Based SCHURTER Group: A New Era for the Leading Component Supplier
Swiss investor Capvis, a specialist in midcap investments, is acquiring a majority interest in the Lucerne-based SCHURTER Group.
The transaction will not have any impact on the group’s organizational structure and jobs. The founding family and current owner of the group will be retaining an interest and will be represented on the Board of Directors by Thomas Schurter. CEO Ralph Müller and his management team will continue to manage SCHURTER in the future.
Based in Lucerne with a total of 20 subsidiaries in 17 countries, the SCHURTER Group is a successful producer of components for ensuring the clean and safe supply of power, input systems and sophisticated integrated electronic solutions. It generated revenues of around CHF 330 million in the 2022 financial year. The company has been in the hands of the Schurter family since its foundation. Now there is to be a change in the ownership structure. Capvis, a well-known Swiss investor company based in Baar (canton of Zug), is acquiring a majority interest in SCHURTER Holding AG. The transaction is expected to be completed in spring 2023 following the necessary (European) regulatory approval process.
Read the press release to know more.
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