Andra Tech Group (Equistone-backed) Acquires Lucassen Groep

Andra Tech Group (backed by Castik Capital) Acquires Innotec Zerspanungstechnik GmbH

November 11, 2024

Manufacturing

Andra Tech Group has acquired 100% of Innotec Zerspanungstechnik GmbH, a precision-machining manufacturer based in Sinsheim, Germany; financial terms were not disclosed and managing directors Jörg and Björn Leichenich will remain in place. Innotec’s ~75 employees serve medical, optics, high-tech systems and semiconductor customers; the acquisition expands Andra Tech Group’s German footprint and capabilities and is supported by funds managed by Castik Capital, which acquired a majority stake in Andra Tech Group in September 2024.

Castik Capital Acquires Majority Stake in Andra Tech Group

May 14, 2024

Manufacturing

Funds managed by Castik Capital S.a.r.l. have agreed to acquire a majority stake in Andra Tech Group from funds advised by Equistone Partners Europe, Mountainview Capital Partners and management; Equistone and management will remain minority shareholders. Andra Tech Group, a Netherlands-headquartered group of precision component manufacturers employing ~700 people across 11 sites in the Netherlands and Germany, will pursue an accelerated growth strategy supported by Castik, including geographic expansion and capability development.

Andra Tech Group Acquires Lemmens Metaalbewerking

December 6, 2023

Manufacturing

Andra Tech Group, a portfolio company backed by Equistone, has acquired Netherlands-based Lemmens Metaalbewerking. The undisclosed deal brings c.40 employees and large-scale milling and post-processing capabilities into Andra’s platform, further expanding its manufacturing footprint in the Netherlands.

Andra Tech Group Acquires DKH Metaalbewerking

February 6, 2023

Manufacturing

Andra Tech Group, an Equistone-backed precision manufacturing platform, has acquired DKH Metaalbewerking B.V., a Dutch specialist in CNC milling and turning, from founder and CEO Francois van Hirtum. The add-on expands Andra Tech Group's footprint in the Netherlands and augments its capabilities in automated precision metal component production for end markets including food processing, automotive and medical equipment.

Equistone-backed Andra Tech Group Acquires Mayer Feintechnik

December 22, 2022

Manufacturing

Andra Tech Group, a Netherlands-based precision parts group majority-owned by Equistone Partners Europe, has acquired Mayer Feintechnik GmbH, a Göttingen-based specialist in precision metal components. The deal (an add-on to the Andra Tech platform) expands ATG's presence into Germany and strengthens capabilities in cleanroom assembly and small-to-medium batch manufacturing; former majority shareholder and CEO Frank Neuschulz sold his stake and will reinvest in the combined group.

Muon Acquires LouwersHanique

February 16, 2021

Manufacturing

Dutch micro-precision solutions provider Muon, backed by Gilde Buy Out Partners, has completed the acquisition of LouwersHanique, a manufacturer of high-precision technical glass and advanced ceramic components. The deal expands Muon's capabilities in technical glass and ceramics to better serve semiconductor and medical end-markets and is expected to lift the combined group's revenues to well over EUR 110 million.