Crédit Mutuel Equity has entered a minority investment in Swiss SERTO Group, a globally recognized specialist in pipe connection technology. EGS Beteiligungen AG (EGSB), a Swiss investor focused on long-term commitments, took over the majority of SERTO in February 2024 as a succession solution for the company when two long-standing shareholders withdrew for reasons of age. EGSB has partnered with Crédit Mutuel Equity to jointly support the further development of the company, together with the remaining shareholders Kurt Bolliger (CFO) and Andreas Mühlthaler (CEO).
SERTO is in an excellent position for a growth strategy: With its unique SERTO system, the company offers solutions for all industries and applications in which liquids or gases are transported, distributed or regulated. SERTO’s customers include leading manufacturers in the semiconductor, pharmaceutical, energy and hydrogen sectors.
Over 300 employees at 7 locations in Europe and Asia are responsible for development, production and sales. The SERTO Group places great value on quality, reliability and sustainability. The company has developed very successfully in recent years and has further potential for profitable growth.
About Crédit Mutuel Equity:
Crédit Mutuel Equity is home to all of the Private Equity activities of Crédit Mutuel Alliance Fédérale: Capital Développement (Capital Development), Capital Transmission (Capital Transfer), and Capital Innovation.
Crédit Mutuel Equity provides capital support to business leaders at all stages of development of their companies—from start-up to transfer—by giving them the resources and time required to implement their transformation projects. Crédit Mutuel Equity brings together over 350 business leaders, who share their beliefs and pose questions within a true network of entrepreneurs that allows each member, regardless of the nature of their project, to benefit from the experience of others. By investing its own capital (€ 4 billion), Crédit Mutuel Equity finances companies’ projects with timelines that are adapted to their growth strategies, in France, Germany, Switzerland, and Canada.
For more information: www.creditmutuel-equity.eu