News and developments
Deal-Ticker: FountainVest Partners led consortium of investors acquired majority stake in SPT Group
FountainVest Partners, a leading Asian private equity firm, led a consortium of investors that acquired a majority stake in the SPT Group represented by Kellerhals Carrard.
SPT is a global leader in micro miniature products manufacturing with more than more than 1,000 employees worldwide. The complex cross-border transaction covers SPT's headquarters in Switzerland and its subsidiaries in China, the Philippines, Singapore and Japan with several carve-outs. The founding family retains a minority stake in SPT.
Peter Glutz, Honorary Chairman of the Board and previous President and CEO of SPT, states: "The Kellerhals Carrard team under the lead of Beat Brechbühl and Sabine Neuhaus from the Shanghai office provided high quality, prompt and solution oriented advice and helped us achieve a smooth succession of the SPT Group".
We congratulate SPT Group and FountainVest on reaching this milestone. For a successful and smooth transaction, a respectful and professional collaboration between advisors is key, therefore thanks and congrats to our colleagues at Freshfields Bruckhaus Deringer and Homburger.