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A fund managed by capiton AG has acquired 100% of the shares in Cedes AG, a leading manufacturer of sensor technology in the elevator and door industry based in Landquart (Switzerland). The company’s products, which utilize infrared and image processing technology, provide solutions for the automation of elevators, escalators, and entrances. With around 400 employees worldwide at locations in Switzerland, Japan, the USA, Singapore and China, the business generated sales of around CHF 55 million in 2019.

On 15 July 2020, TeamViewer signed a definitive agreement to acquire Ubimax. GvW Graf von Westphalen advised the sellers of Ubimax on the sale of the company.

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