Halder Portfolio Company Valeta acquires the business of Techex

Valeta has acquired the business of Techex Handels AG in Wil (Switzerland) through its Swiss subsidiary Uniprod. Techex supplies more than 400 customers with more than 10,000 different products and assembly groups in pneumatics and process technology. The product portfolio includes valves, drives, fittings and hoses as well as control blocks.

The Valeta Group employs more than 200 people in Germany, Switzerland and Lithuania. Approximately 3,000 customers are supplied from various customer industries, such as mechanical and plant engineering, aerospace and automation industry as well as medical technology. The group combines expertise in pneumatics, hydraulics, hydropneumatics, electromechanics as well as electronics and focuses on complex customized solutions as a strategic partner for its customers.

Frank Kuttler, Managing Director of Valeta, commented: "The acquisition strengthens our Swiss business footprint and gives us the opportunity, to offer Techex customers an expanded range of services."

For the managing partner of Techex, Rolf Zehnder, this is a succession solution. He said: "I am pleased to have found strong partners with Halder and Valeta to continue the business."

Halder has been active as a private equity investor in Germany since 1991 and has provided equity capital to 42 medium-sized companies for succession and growth. Halder supports its investments in international expansion, focus on its strategy and business model, as well as investments to expand capacity and finance strategic acquisitions. Halder is currently investing the sixth fund and managing a portfolio of six investments.