Baker McKenzie advises Dätwyler on sale of the Distrelec and Nedis Group to Aurelius
Dätwyler Group sold electronic components distributors Distrelec and Nedis to Aurelius, a pan-European investment group. This sale allows Dätwyler, which is listed on the Swiss stock exchange, to focus on the fast-growing, high-margin Sealing business for attractive global markets. The group has become a valued development partner for high-quality, system-critical sealing components in the Health Care and Automotive industries and beyond. Closing of the transaction consisted of two asset and nine share deals across Europe.