To create a new, sustainable and profitable Swiss steel industry, by mastering strategy, governance and financing.
Structuring the industrial ambitions of a pioneer in solar recycling
The Panatere Group, a pioneer in the recycling of materials for the watch industry, has launched a major project to build the first solar melting centre for high added-value metals in Europe, under the Circular Swiss Met banner.
To achieve this leap in scale, the company needed comprehensive strategic support, combining an industrial vision, financial structuring, robust governance and the mobilisation of investors.
Main challenges encountered
- Define a clear, differentiating positioning in an emerging market at the crossroads of technology, energy and sustainable materials
- Structuring a credible business plan for an as-yet untested industrial project, in the absence of a comparable model
- Create a solid governance structure to attract institutional investors and manage a complex, multi-level project
- Successfully raise an ambitious amount of funds (CHF 40 million) in several tranches, while preserving the founder’s vision
- Coordinating the stakeholders: industrial partners, public authorities, technical experts, lawyers and financial partners.
Strategic objective
Responding to three systemic challenges:
🌍 Reducing the carbon footprint in the metal value chain
Industrial relocation with a Swiss Made short circuit

Expected results
- Annual capacity: 1,000 tonnes of recycled alloys from 2028 onwards
- Projected sales: CHF 17 million from the 1st year
- Expected EBITDA: >40
- Net profitability from the first year of commercialization
- Already supported by : FOEN, Confederation, European projects, cantonal funds, pilot customers
Investment proposal
- Target cash inflow: CHF 40 million via a structured investment SPV
- Use of funds: construction of CTSM, solar oven, machinery, working capital
- Expected return for initial investors: >25% per annum (ROIC)
- Possible exit via IPO or industrial acquisition
Things to remember
PANATERE embodies the convergence of sustainable industry, energy sovereignty and Swiss technological excellence.
By supporting this project, investors become partners in a clean, profitable, replicable and exportable steel industry.
They are taking part in a new industrial era in which recycling becomes the engine of growth.