Groupe Acrotec (“Acrotec”) is a Swiss precision manufacturing company that serves customers in the luxury watch market, MedTech and several other industrial end markets.
Among Acrotec's customers are most of the major luxury watch brands. The company produces critical components for mechanical watches such as shock absorbers, spring barrels and oscillating weights.
Within the industrial sector, Acrotec leverages its precision manufacturing capabilities to serve customers in attractively growing niche segments that require high-precision manufacturing such as MedTech, aerospace, electronic connectors and niche automotive applications.
Swiss manufacturer of critical components for luxury watches
Growing MedTech capabilities and presence
Over 550 long-term customers
Management and Castik pursue an active consolidation strategy to enhance Acrotec’s position as the largest, independent Swiss supplier to the luxury watch industry and related segments. Castik completed the acquisition of Acrotec jointly with several key managers of Acrotec under the leadership of CEO François Billig.
Strong underlying organic market growth
High share of repeat purchases from a loyal long-standing customer base
High switching costs for customers and mission-critical nature of parts supplied