Altium agiert als exklusiver Financial Advisor für Cross Equity Partners bei Verkauf von Schwab Verkehrstechnik
Altium acted as exclusive financial adviser to Cross Equity Partners („Cross“) on its sale of Schwab Verkehrstechnik AG („Schwab“) to Faiveley Transport S.A („Faiveley“)
Schwab specializes in the development, assembly and pan-European marketing of buffers and couplers for goods and passenger rolling stock. With customers including rail operators Swiss Federal Railways (SBB), Deutsche Bahn AG, ÖBB (Austria) and NMBS/SNCB (Belgium), it is one of Europe’s leading providers
The company’s product portfolio includes various couplings with self-developed components for trains, metros and trams, buffers, draw gears for freight cars, passenger cars and special-purpose vehicles as well as coupling rods as alternative to diagonal shock absorbers
In January 2009, Cross acquired the business as part of its succession arrangements. Working with Schwab’s management and Board of Directors, Cross has helped expand the company’s already strong market position, achieving a significant increase in turnover, profitability and headcount
Transaction: Swiss private equity company Cross has sold its majority stake in Schwab to Faiveley, a France based, public listed provider of railway systems and services.
Altium acted as exclusive financial advisor to Cross on all aspects of the transaction, including preparation of all information documents, approaching potential buyers and transaction negotiations