Sandvik Materials Technology acquires Accuratech Group. The advisors

Sandvik Materials Technology, a developer and manufacturer of advanced stainless steels and special alloys, has acquired Accuratech Group, a niched medical component manufacturer headquartered in Switzerland. Accuratech Group is a consolidation of 3 smaller entities; Polyfil, Galvarex and Polyflex, consisting of in total 52 employees. Seller is the private equity firm OPP Beteiligungen. 

“This acquisition is a strategic important step for Sandvik Materials Technology and our growth journey in the medical sector. The footprint of Accuratech will allow us to both have manufacturing and provide for further expansion in Europe and Asia”, says Göran Björkman, president, Sandvik Materials Technology. 

The advisors

Bär & Karrer acted as legal advisor to Sandvik in this transaction. The team was co-led by partner Christoph Neeracher (m&a, pictured left) and partner Raphael Annasohn (m&a, pictured right) and included associate Yves Suter, associate Arnold Romero, junior associate Nicola Kummer and junior associate Lazar Lepir (all m&a), associate Laura Rubeli (employment), partner Lukas Roesler and junior associate Clarissa Marxer (both financing), associate Rocco Rigozzi and junior associate Jessica Messerli (both real estate), associate Annina Läubli (ip/it) and associate Rehana Harasgama (data protection). 

GHR Rechtsanwälte acted as lead counsel for the legal and tax matters of Accuratech Group. Partner Gerhard Roth (pictured left) led the transaction together with colleagues senior associate Stephan A. Hofer and associate Jil Suter.