Partners Group and Capvis are to sell Bartec to Charterhouse Group. German-based Bartec is a global provider of industrial safety technology for applications in explosion-hazardous areas with production sites in Germany, Switzerland, Slovenia and China.
Partners Group and Capvis concluded an agreement to sell Bartec to Charterhouse Group. Bartec, which has been founded in Germany in 1975, is a leading global provider of high-quality industrial safety technology for applications in explosion-hazardous areas with production sites in Germany, Switzerland, Slovenia and China. The firm is expected to further benefit from fast growing need for upstream and downstream process infrastructure to handle ever increasing global energy demand.
Walter Keller, chairman of the private equity directs investment committee who represented Partners Group’s clients on the Board of Directors of Bartec, comments “We are delighted to have been able to contribute to key initiatives to fully exploit the growth potential of Bartec. Over the last years, we leveraged our global network to help develop new client relationships and identify suitable acquisition targets. Our extensive industry experience supported the set-up of a new sales organization in China and to strengthen the firm’s positioning in the fast growing region of the Middle East.”
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 25 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm employs over 600 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 4.5 billion with a clear majority owned by its Partners and all employees.