Investor Capvis acquires majority stake in SCHURTER
Swiss investor Capvis is acquiring a majority stake in SCHURTER Group, a Lucerne-based manufacturer of components for power supply, input systems, and electronic solutions. The change in ownership is not expected to impact the company's structure or jobs.
Swiss investment firm Capvis is acquiring a majority stake in the SCHURTER Group, a manufacturer based in Lucerne, Switzerland. The transaction, expected to conclude in spring 2023 pending regulatory approvals, involves the transfer of majority ownership from the founding Schurter family.
SCHURTER Group reported revenues of approximately CHF 330 million in the 2022 financial year. The company specializes in components for safe power supply, input systems, and integrated electronic solutions. It operates 20 subsidiaries in 17 countries worldwide.
While Capvis assumes a majority interest in SCHURTER Holding AG, the Schurter family will retain a significant stake and maintain representation on the Board of Directors through Thomas Schurter. CEO Ralph Müller and the current management team will continue to lead the company's operations.
According to statements, the organizational structure and employment levels within the SCHURTER Group are not anticipated to change as a result of this acquisition. The company has been family-owned since its inception.