PwC Corporate Finance advises the shareholders of Hunkeler AG Paper Processing on the sale of a minority shareholding in the group and its subsidiaries to CIC CAPITAL.
Zurich | A team of PwC Switzerland led by Sascha Beer, Partner Corporate Finance/ M&A and Marco Tremonte, Director Corporate Finance/ M&A acted as lead advisor to the shareholders of Hunkeler AG Paper Processing.
Having been active in the print industry since 1922, Hunkeler is an owner-operated family company and has around 280 employees around the globe. Hunkeler is the world market leader for progressive pre and post solutions for digital high-performing print systems as well as scalable quality assurance systems with web monitoring and tracking. Its customers include printer manufacturers, banks and insurers, publishers, mailrooms as well as print service providers and print finishers.
CIC CAPITAL is the international private equity subsidiary of CM-CIC Investissement (the equity financing arm of the Crédit Mutuel CM 11 Group). CM-CIC Investissement has invested about 3 billion euro of its own money in about 380 portfolio companies. CIC Capital has sites in Germany, USA, UK and Switzerland.
The strategic partnership with CIC CAPITAL will further support the long-term growth plans of the leading manufacturer of digital paper converting and print finishing systems. CIC CAPITAL will bring additional know-how and an excellent network to the table and will assist Hunkeler, a true Swiss hidden champion, with further investments in the future. This will also make it possible to open up possible new business segments, enabling growth, innovation and competitiveness to be further strengthened.
Stefan Hunkeler, Chairman of the Board of Directors, Michel Hunkeler, CEO/Member of the Board of Directors, and Franz Hunkeler, Member of the Board of Directors, will continue to perform their respective duties. The Executive Board will remain unchanged.
