Equistone-backed Andra Tech Group Acquires Mayer Feintechnik

Andra Tech Group (affiliated with Castik Capital) Acquires F.K. Instrument Co., LLC from The Anderson Group

December 1, 2025

Manufacturing

The Anderson Group sold portfolio company F.K. Instrument Co., LLC, a Clearwater, Florida-based precision machining business, to Andra Tech Group, an affiliate of private equity firm Castik Capital. F.K. Instrument will continue operating from its Clearwater location under existing leadership and is expected to support Andra Tech Group's expansion of precision manufacturing capabilities.

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 (Equistone-backed) Acquires Lucassen Groep

March 22, 2024

Manufacturing

Andra Tech Group, a portfolio company backed by funds advised by Equistone Partners Europe, has acquired Netherlands-based Lucassen Groep, a specialist in high-precision manufacturing and cleanroom assembly. The add-on strengthens Andra Tech Group’s position in its home market of the Netherlands and expands its technological capabilities serving semiconductor, analytical and optics end markets; selling shareholder Daniël Gulikers will remain as managing director.

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.