Acrotec has been built through the addition of long-established, like-minded entrepreneurial companies.
European private equity fund, Castik Capital, partners with management to become shareholders in Acrotec with the aim of taking the company through its next phase of growth. Quilvest exits its investment in Acrotec.
The Group increases its end-market diversification with the additions of DJC and Precipro, which mark the entry of the Group into the jewellery and turbocharger markets. This also marks the first company / activity of the Group that is outside of Switzerland (France).
Recruitment of Eric Devreux, as the CFO of the Group
The creation of the executive committee in an effort to enhance Group integration.
K2A is created as part of a separation from KIF in order to supply the Group's companies with bespoke machinery to improve automation in production processes.
The Group further strengthens its position as leading, independent supplier to the Swiss watch industry with the additions of Décovi and Générale Ressorts. Each company brings vast experience and know-how to the Group, being one of the few companies able to produce oscillating weights and spring barrels respectively.
With the acquisition of KIF, the Acrotec Group is created, with the aim of having a strong, independent, trusted partner for its clients, as well as providing Swiss-made quality. KIF is added to the Group to expand into the luxury Swiss watch-making market. KIF is one of the few suppliers capable of producing high quality Swiss-made shock absorbers for watchmakers.