Undisclosed Buyer takes majority control Of Cheto Corporation, Lda

Cheto Corporation is a small manufacturer of industrial high precision equipment for the tooling and moulding industry. Besides its small dimension the brand is world-wide recognized for the technology known as Deep Hole Drilling.

Since the foundation of Cheto Corporation, Cillo Group held a non-strategic participation in the company. From its restructuring process the shareholders of Cillo Group decided to sell their stake in Cheto Corporation, which represented 50% of total shares.

Clearwater International has advised the shareholders of Cillo Group in the financial restructuring process and, as consequence, in finding a buyer and sell its shares of Cheto Corporation.

  • Image of Cheto Corporation Company Logo
    sold a minority stake to an undisclosed buyer
    Sell-side
    Undisclosed
    Clearwater Advisers

    Adviser to Cheto Corporation on its sale of a minority stake to an undisclosed buyer

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