German industrial holding company Equita acquires majority stake in Stettler Sapphire AG
The German industrial holding company Equita acquired a majority stake in Stettler Sapphire AG, a manufacturer of sapphire components for watches, optics, electronics and medical use based in Lyss, Switzerland, for undisclosed consideration. The seller, Martin Stettler, will together with the current management team continue to hold a significant interest in Stettler Group.
Lenz & Staehelin advises Equita as Swiss legal counsel. The L&S team includes Matthias Wolf, Urs Reinwald, and Samuel Frösch (all Corporate/M&A).