Carve-out: Hypax acquires 3A Composites Mobility from Schweiter Tech

Berlin/London — Hypax, a Berlin and London-based private equity firm focu­sed on carve-outs and opera­tio­nal value crea­tion, has acqui­red 3A Compo­si­tes Mobi­lity AG (Switz­er­land) and 3A Compo­si­tes Mobi­lity SA (Poland) — which toge­ther operate under the name 3AC Mobi­lity — as part of a carve-out tran­sac­tion from Schwei­ter Tech­no­lo­gies AG (SWTQ:SWX). The finan­cial terms of the tran­sac­tion were not disc­lo­sed. Schwei­ter Tech­no­lo­gies is a Tier 1 supplier of light­weight compon­ents for the rail, road and defense industries. 

3AC Mobi­lity is a leading Euro­pean manu­fac­tu­rer of high-perfor­­mance compo­site compon­ents for the rail, road and defense indus­tries. The company opera­tes two inde­pen­dent manu­fac­tu­ring and deve­lo­p­ment sites in Alten­rhein, Switz­er­land, and Mielec, Poland. Toge­ther, they offer their custo­mers a unique one-stop store for modu­lar light­weight systems in 2D and 3D design, such as sand­wich floors, front modu­les, cock­pits, struc­tu­ral compon­ents and shelters. 

With a history of over 70 years in Swiss precis­ion manu­fac­tu­ring, 3AC Mobi­lity supplies well-known OEMs throug­hout Europe and has recently expan­ded successfully into high-growth defense appli­ca­ti­ons. The company has strong inno­va­tion and deve­lo­p­ment capa­bi­li­ties and a broadly diver­si­fied custo­mer base with long-stan­­ding rela­ti­onships with major rail and bus manufacturers. 

Phil­ipp Ster­kel, Mana­ging Part­ner at Hypax, comm­ents: “3AC Mobi­lity is exactly the kind of hidden cham­pion we are looking for: a company with proprie­tary tech­no­lo­gies, a strong market posi­tion in a growing market and signi­fi­cant value crea­tion poten­tial. The mobi­lity and defense indus­tries are curr­ently under­go­ing funda­men­tal chan­ges — from the tran­si­tion to climate neutra­lity to increased geopo­li­ti­cal vola­ti­lity. 3AC Mobi­li­ty’s solu­ti­ons are directly aligned with these mega­trends and we see promi­sing oppor­tu­ni­ties to expand our market presence, product port­fo­lio and inter­na­tio­nal reach. As an inde­pen­dent company, 3AC Mobi­lity will bene­fit from our active support as we work toge­ther to acce­le­rate growth, drive opera­tio­nal excel­lence and further pene­trate the mobi­lity and defense markets. We are proud to welcome the team to the Hypax platform.” 

About 3A Compo­si­tes Mobility

3AC Mobi­lity is a leading supplier of light­weight compo­site compon­ents for the rail, road and defense indus­tries. With sites in Alten­rhein, Switz­er­land and Mielec, Poland, the company offers modu­lar compo­site systems such as sand­wich panels, front modu­les for trains, cock­pits and shel­ters. With over 300 employees, state-of-the-art produc­tion capa­ci­ties and long-stan­­ding OEM rela­ti­onships, 3AC Mobi­lity is the prefer­red part­ner for high-quality light­weight solu­ti­ons in the mobi­lity sector. 

About Hypax

Hypax is a Berlin and London based invest­ment firm specia­li­zing in corpo­rate carve-outs and mid-market compa­nies where value can be enhan­ced through growth and opera­tio­nal impro­ve­ments. The funds mana­ged by Hypax have capi­tal commit­ments of €120 million. With a strong opera­tio­nal focus, Hypax supports compa­nies and their manage­ment teams through peri­ods of tran­si­tion and stra­te­gic trans­for­ma­tion. — www.hypax.com