TRANSACTION

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September 2020

capiton acquires all shares in Cedes AG together with co-investors

Landquart, September 2020. capiton, together with co-investors, has acquired 100% of the shares in Cedes AG from Assa Abloy. Together with the management team, capiton plans to leverage the company’s organic growth potential and pursue inorganic growth through acquisitions in niche markets. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of capiton.

INVESTOR

capiton (Fonds capiton VI) mit Co-Investoren

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TARGET

Cedes AG

Headquarters
Landquart (Switzerland)
Founded
1986
Employees
~320
Additional Information
Revenue for 2019: CHF 55m
Seller
Assa Abloy AB (schwedischer Weltmarktführer für Zugangslösungen)
Transaction
Acquisition of 100% of the shares; closing on November 12, 2020

ABOUT THE COMPANY

Cedes AG

Cedes AG, headquartered in Landquart (Switzerland), is a leading sensor technology company in the elevator and door industry. Using infrared and image processing technology, the company’s products are used for the automation of elevators, escalators, and entrances. Cedes was founded in 1986 and generated approximately CHF 55 million in revenue in 2019 with about 320 employees.

ABOUT THE INVESTOR

capiton (Fonds capiton VI) mit Co-Investoren

capiton is an independent, owner-managed German private equity firm with over 1.2 billion euros in assets under management.

OUR ROLE

Commercial Due Diligence

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