Press release dated 13. September 2023
Afinum acquires the Hofstetter Group
Afinum Neunte Beteiligungsgesellschaft mbH & Co. KG, advised by Afinum Management GmbH, indirectly acquires Hofstetter PCB AG (Hofstetter PCB) including its subsidiaries SMF & More GmbH and APL Hofstetter PCB GmbH (together the Hofstetter Group). The Hofstetter Group is the leading provider of PCB plating and final finishing services in Europe with a focus on medical technology and industry.
Hofstetter PCB was founded in 1980, and the Group now employs around 80 people at three sites in Switzerland (Küssnacht am Rigi) and Germany (Lörrach, Herrenberg).
The Hofstetter Group is the leading full-service provider for printed circuit board plating and final finishing in Europe and offers around 20 different processes. The main focus of the Group is on customers in the medical technology sector and growth segments in industry.
Together with the management, Afinum plans to continue the successful growth path of the past by continuously focusing on technology leadership, expanding sales activities as well as selective add-on acquisitions. Andy Stütz, CEO of Hofstetter PCB AG, is excited about this new phase in the company’s development: “We are pleased to welcome Afinum as a new investor. Their vast experience and commitment to the success of medium-sized companies fits perfectly with our vision. We are confident that this transition will provide us with new opportunities to better serve our customers and further strengthen our position as a leading plating and final finishing service provider.”
With this acquisition, Afinum strengthens its position in PCB production, especially in medical technology, having already acquired GS Swiss PCB AG almost two years ago. Hofstetter PCB and GS Swiss PCB will continue to operate as independent companies within a common group.