Houlihan Lokey Advises Studer Cables
Houlihan Lokey is pleased to announce that Studer Cables AG, a portfolio company of Helvetica Capital, has sold a majority stake to the Harting family of entrepreneurs and also entered into a strategic partnership with the HARTING Technology Group (HARTING). Based in Solothurn, Switzerland, Studer Cables AG is the technology and market leader for high-performance cables in the fields of energy, infrastructure, mechanical engineering, and mobility. In the past business year, Studer Cables AG generated sales of approximately €200 million and will continue to operate as an independent company going forward. The HARTING Technology Group is a leading global provider of industrial connectivity for the three lifelines of power, signal, and data. The strategic partnership follows the takeover of Studer Cables AG’s parent company, HC Holding Epsilon AG, by the Harting family of entrepreneurs. The partnership with Studer Cables AG will allow HARTING to expand its solutions portfolio, strengthen its market position, and offer its customers new connectivity solutions. Houlihan Lokey served as the exclusive financial advisor to Studer Cables AG and its shareholders. The deal team assisted in initiating, structuring, and negotiating all aspects of the transaction on the company’s behalf. This deal represents another successful transaction for Houlihan Lokey in the industrial technology space. |
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