Long-term Entrepreneurial Capital
Alantana invests in established distribution and service businesses and works shoulder-to-shoulder with their management teams.
What we do
We invest in small or medium-sized distribution and service companies in the DACH region. Our capital is unlimited in time – together with the existing owners, we realize the next growth leap.
Long-term Capital
Family ownership, no end date
Entrepreneurial Sparring
We think and act like owners
Strategic & Operational Expertise
Sales, internationalization, digital processes
Our companies


Polygon was founded in 1980 and is a distributor of raw materials for the specialty chemicals industry. Polygon serves three key industries: cleaning agents, paints & coatings, and cosmetics. While most customers are located in Germany, Polygon also operates directly or through partners in countries beyond the DACH region (Germany, Austria, Switzerland).
In 2003, Alfred Betschart acquired 100% ownership of Polygon and led the company operationally until Omar Sabinot joined as managing director in 2012. In 2011, Polygon acquired IQChem AG, based in Basel, Switzerland, as an addition to its core business. IQChem, fully integrated into Polygon Chemie AG since 2024, specialized in trading pigments for the paints and coatings industry and continues to serve as Polygon's pigment product brand throughout Europe. In 2015, Polygon fully acquired Neochem as part of a restructuring effort, complementing its existing business with a focus on cosmetics. By 2020, Neochem's business was fully integrated into Polygon.



Otto Brandes operates as a distributor of pharmaceutical active ingredients (APIs), serving customers in Europe and overseas. Founded in 1923, the company maintains an extensive network of suppliers in China and India, acting as a crucial link between Asian production markets and European sales markets. Otto Brandes was fully acquired by Alantana in 2014 as part of a succession solution.


Thomas Bonaud was founded in 2017 and is a distributor of cosmetic products for professional and retail customers in Switzerland. The company offers a portfolio of renowned French and Italian cosmetic brands. Thomas Bonaud was acquired by Alantana in 2022 to further accelerate the company's growth.
Our value-add
Provide Leverage
- Strengthen structure with processes & organization
- Build systems with technology and data
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Capital for growth
Create Clarity
- Mutual vision
- Clear roles
- Measurable targets
Why Alantana
- Permanent capital – no forced exit schedule like a private-equity fund; we’re committed to sustainable growth over years – even decades.
- Flexibility – ownership structures tailored to your personal circumstances and your company’s stage of development.
- Fast decisions – direct access to the owner, with no layers of committees.
- Partnership of equals – we honour and safeguard your company’s DNA and culture.
Our values
Long-term focus
Everything we undertake is judged against a long horizon. That mindset produces
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Consistent decisions with fewer contradictions and clear accountability;
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Sustainable outcomes—socially as well as environmentally;
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Choices that consciously balance economic, ethical, social and ecological considerations.
Commitment to improve
Our central ambition is to keep developing ourselves and our companies so they can reach the next level. We do this through
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Prioritisation—concentrating on what truly matters;
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Efficiency—designing lean, effective processes;
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Innovation—taking calculated risks;
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A growth mindset—enjoying the journey while we advance.
Care and dare
People and the relationships we build with them are our greatest asset. We look after our team, listen to them and acknowledge their interests and feelings. At the same time we push one another to realise our full potential—having the courage to embrace risk and set ambitious goals.
About us
Alantana is a family investment holding led by Andreas Betschart. In 2022 he assumed control from his father, Alfred Betschart, who had laid the foundation in 2003 with the purchase of Polygon Chemie AG. After joining Alantana in 2018, Andreas brought experience from private-equity investing across Europe, consulting (Capgemini, Deutsche Bank Inhouse), M&A (J.P. Morgan) and industry (Sulzer, Rolls-Royce). He holds a Master’s in Banking & Finance and the CEMS Master in International Management from St. Gallen and Stockholm. In 2022 he acquired a majority stake in Thomas Bonaud SA, extending the portfolio from raw materials to finished-goods distribution. Andreas is married with one child and enjoys cycling, yoga, mountain & winter sports as well as psychology and personal development.
Get in touch
Feel free to contact us—we are always open to an informal introductory conversation.