M&A Deal Summary

Tolus Group Acquires Newemag

On January 25, 2022, Tolus Group acquired machinery company Newemag

Acquisition Highlights
  • This is Tolus Group’s 1st transaction in the Machinery sector.
  • This is Tolus Group’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2022-01-25
Target Newemag
Sector Machinery
Buyer(s) Tolus Group
Deal Type Add-on Acquisition

Target

Newemag

Lucerne, Switzerland
Newemag is a suppliers of machine tools. The product portfolio includes turning and milling machines as well as machining centers with 5-axis machining with the possibility of simultaneous machining. Newemag was founded in 1975 and is based in Lucerne, Switzerland.

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Buyer(S) 1

Buyer

Tolus Group

Biberist, Switzerland

Category Company
Founded 1974
Sector Machinery
Employees57
Revenue 42M CHF (2018)
DESCRIPTION

Tolus Group is the technical consulting and implementation of customized solutions for applications with highest quality and precision requirements. The company offers its customers a comprehensive product and service portfolio, from technical advice and customization of CNC machine tools to installation and maintenance services. Tolus Group was founded in 1974 and is based in Biberist, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2022 M&A 1 of 1