ILAG
Swiss specialist in non-stick, anti-abrasion, and medical-grade technical coatings: a specialty-chemicals leader realised through a successful MBO exit.

- Sector
- Specialty Chemicals / Technical Coatings
- HQ
- Switzerland
- Exit Year
- 2019
- Holding Period
- ~2 years
- Transaction
- Management Buy-Out
- Vehicle
- Unternehmer-Investoren-Plattform
About
Company Overview
ILAG is a Swiss specialist in technical coatings, producing high-performance surface treatments for a remarkably diverse range of applications. The company's non-stick coatings are found in cookware and bakeware used in kitchens worldwide, while its anti-abrasion coatings protect components in demanding manufacturing environments. ILAG also produces decorative coatings for the transport sector and specialised coatings for medical technology: a breadth of application that reflects the company's deep expertise in surface chemistry and coating engineering.
What makes ILAG distinctive is the combination of Swiss precision with genuine technical depth. Each application domain has its own requirements (food safety certification for cookware coatings, extreme durability for industrial applications, biocompatibility for medical devices), and ILAG has developed the formulations, processes, and quality systems to serve them all. With 100 to 150 employees and a global customer base, the company occupies a niche that is both technically demanding and commercially attractive.
Partnership
Our Partnership
Helvetica Capital acquired a majority stake in ILAG through a management buy-out in June 2017, providing a structured succession solution for the company's ownership. The partnership focused on supporting the existing management team and strengthening the company's position across its diverse end markets.
Transition
Transition
Over approximately two years of ownership, ILAG continued to develop its product portfolio and serve its global customer base from its Swiss operations. The company's technical depth and market position made it an attractive proposition, and when it was transitioned to a new owner in 2019, the business was well-positioned for continued growth.
The management team remained in place, ensuring continuity for customers and employees alike: a transition that preserved what made ILAG successful while opening the door to its next phase of development.
Thinking about the future of your company?
Whether you are considering a succession, exploring a partnership, or simply want to understand your options, we are here for a confidential conversation.