21 August 2025

Dec Group, a global leader in high-containment processing technologies for the pharmaceutical, chemical, and specialty industries, announces the successful completion of a financial partnership with ICG (LSE: ICG). The transaction, led by capiton V, will support Dec’s ambitious growth strategy, including geographic expansion, product innovation, and entry into high-potential end-markets. capiton will remain the main shareholder, demonstrating its continued confidence in Dec’s future potential.

Since capiton V’s investment into Dec in 2020, the company has undergone significant transformation and growth, developing to a true end-to-end solution provider. Dec successfully completed four strategic add-on acquisitions, strengthening its position across key markets and expanding its product and technology portfolio. These milestones have positioned Dec as a market leader with a comprehensive value chain offering.

Walder Wyss advised the Dec Group and its existing shareholders in this financial partnership transaction. The team was led by Robert von Rosen (Partner, Corporate/M&A) and further included Alexander Gutmans (Partner, Corporate/M&A and Venture Capital), Monique Sturny (Partner, Competition), Karina Tschon (Managing Associate, Corporate/M&A and Venture Capital), Michelle Bruni (Managing Associate, Tax), Christoph Burkhardt (Senior Associate, Corporate/M&A), Markus Schülin (Counsel, Notary Public), Oerjan Wickart (Associate, Corporate/M&A) and Lorenzo Petrone (Associate, Corporate/M&A).