Switzerland-based private equity house DEFI Gestion SA has announced the acquisition of an undisclosed majority interest in the Plumettaz Group, a world leader in jetting equipment for energy and telecommunications cables.

Switzerland-based private equity house DEFI Gestion SA has announced the acquisition of an undisclosed majority interest in the Plumettaz Group, a world leader in jetting equipment for energy and telecommunications cables.

Edmond Tavernier, managing partner of Geneva-based law firm Tavernier Tschanz, and his team – Damien Conus and Phidias Ferrari – acted as legal advisers to DEFI.

Tavernier Tschanz is often seen in important M&A transactions in Switzerland, as well as in domestic and international financial operations.

Tavernier said: “One of the key challenges was to implement the appropriate legal structure to enable an efficient cooperation between the investors and the new management on the one hand, and the previous owners and managers on the other hand – to provide Plumettaz with the necessary financial and strategic support for the group’s future developments worldwide.”