Background
The Diametal Group, founded in 1936, is a global leader in high precision cutting tools, super abrasives, and wear parts. The company has many years of experience and comprehensive expertise in the development and production of customized solutions for a wide range of industries. It employs over 170 employees at its two sites in Biel (Switzerland) and Oltingue (France).
Deal Summary
Effective January 1, 2025, Lafayette Mittelstand Capital has acquired a majority stake in Diametal Group. This step is part of the Diametal Group’s long-term growth strategy and is intended to further drive and accelerate its international expansion.
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