HVD Partners is to sell Solifos to NBG GmbH. Carved out of Brugg Cables in 2018 and based in Windisch, Switzerland, Solifos is the leading supplier of high performance, specialty fiber optic cables for distributed sensing and mission-critical defence applications.Solifos supplies essential components for remote and distributed sensing systems monitoring structural integrity of bridges, dams, pipelines and other critical infrastructure. The firm also supplies specialty fibre optic cables for high-reliability defense communications applications.
Private equity specialist adviser Humatica supported HVD Partners and the Solifos AG management with the successful carve-out and transformation of the company.
Jouni Heinonen, Managing Partner of HVD Partners, says: “Solifos has successfully executed an impressive turn-around in just two years. The management and entire Solifos team have done a fantastic job. With the profitable growth foundation they have laid, Solifos is now well-positioned to accelerate implementation of the defined strategy under NBG’s ownership.”
Nils Kupschke, CEO of Solifos AG, adds: “With the support from HVD Partners, Solifos has been able to accelerate our turn-around and the repositioning of the company’s products in high-value sectors. We are looking forward to expanding our market opportunities even further with NBG.“
Andros Payne, Managing Partner of Humatica, says: “We are proud to support HVD Partners and Solifos’ management to accelerate the transformation of the company. The successful sale of Solifos confirms the power of Humatica’s structured services to activate organisations and deliver alpha.
