NEON advises CEDES on the acquisition of Vitector

11 April 2022 | NEON has advised CEDES, a portfolio company of capiton, on the acquisition of VITECTOR.

The CEDES Group is a global leader in sensor technology, providing innovative solutions for elevators, escalators, industrial doors and warehouse management systems in over 60 countries.

With the acquisition of FRABA’s VITECTOR portfolio, which includes products such as optical safety edges, reflective photo eyes, airwave switches, door switches and door accessories, CEDES ideally complements its portfolio, strengthens its know-how in the field of industrial doors and creates an excellent basis for the development of innovative solutions.

Furthermore, the acquisition secures CEDES a leading position in the market for industrial door sensors.

Background:

The NEON team has been advising CEDES since its acquisition by capiton in September 2020. NEON regularly advises capiton on leveraged buyouts – including the acquisition of CEDES – as well as its portfolio companies on strategic acquisitions.