Pestalozzi advises on the financing of the acquisition of Acrotec Group
Pestalozzi advises global financial institutions on all Swiss aspects of the financing of the acquisition by Carlyle of the Acrotec Group in Switzerland. Acrotec Group is a Swiss independent supplier of watch components for the Swiss luxury mechanical watch market, a main player in the European MedTech components market and a supplier of high precision components for various end markets.
The financing of the acquisition, which closed on 4 March 2021, involved a CHF 413.5 million financing package under term and revolving credit facilities.