CMS advised Uniprod in acquiring Techex Handels’ drive and process technology unit
Valeta, headquartered in Zug, a portfolio company of Frankfurt-based financial investor Halder, acquires through its subsidiary Uniprod by way of an asset deal the drive and process technology unit of Techex Handels .
Techex Handels 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 employees 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.