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Company
Schulthess Maschinen AG -
Activity
Washing technology, equipment, and system solutions for private users as well as commercial and industrial applications -
Sector
Electrical appliances -
Headquarter | Presence
Switzerland ׀ Europe -
Investment vehicle
Entrepreneur Investor Platform, Credit Suisse Entrepreneur Capital Ltd. -
Date of first investment
May 2019 -
Transaction structure
Management Buy-Out -
Participation type
Majority -
Investment type
Equity -
Number of employees
500 - 550 -
Website
www.schulthess.ch/en
Schulthess Maschinen AG
Schulthess Maschinen is a leading manufacturer of washing machines and tumble dryers for homes, apartment buildings and commercial enterprises.
Schulthess is characterized by an installed base of more than 700,000 washing machines and tumble dryers. With more than 110 service technicians and a network of five customer service centers, three customer service branches and 16 branch offices, Schulthess has the leading service network for washing machines in Switzerland.
Value Enhancement Initiatives
- Expansion of product portfolio in the upper mid-range segment for household appliances (Economic Premium) and industrial washing technology.
- Opening of new distribution channels such as Internet sales platforms, national distributors and OEM partnerships.
- Add-on acquisitions to complement the product range and strengthen the company’s international presence.
- Investments in new machine generations, production automation, digitization technology and connectivity (apps, Internet of Things).
