Amster\u00addam \/ Munich \u2014 Funds advi\u00adsed by Castik Capi\u00adtal S.\u00e0 r.l. (\u201cCastik\u201d) have signed an agree\u00adment to acquire a majo\u00adrity stake in Andra Tech Group. The sellers of the shares are funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe, Moun\u00adtain\u00adview Capi\u00adtal and the manage\u00adment of the group. Funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe and the manage\u00adment team will retain a mino\u00adrity stake in the company as part of the tran\u00adsac\u00adtion. The current CEO of Andra Tech Group, Geert Ketel\u00ada\u00adars, will conti\u00adnue to lead the company toge\u00adther with his manage\u00adment colle\u00adagues Adwin Kanne\u00adkens, Eric Urff and Gerben Heideman.<\/p>\n
Foun\u00added in 1973, Andra Tech Group (form\u00aderly Kusters Beheer) has deve\u00adlo\u00adped into a leading group for the manu\u00adfac\u00adture of high-tech precis\u00adion compon\u00adents and submo\u00addu\u00adles. The Group consists of nine opera\u00adting compa\u00adnies in the Nether\u00adlands and Germany with a total of eleven modern and fully inves\u00adted produc\u00adtion faci\u00adli\u00adties that focus on the manu\u00adfac\u00adture of high-quality precis\u00adion parts and modu\u00adles. With more than 700 employees, Andra Tech Group serves an inter\u00adna\u00adtio\u00adnal custo\u00admer base from a wide range of indus\u00adtries, inclu\u00adding the semi\u00adcon\u00adduc\u00adtor, pack\u00ada\u00adging, food, mobi\u00adlity, medi\u00adcal and aero\u00adspace indus\u00adtries. The Andra Tech Group manu\u00adfac\u00adtures parts for proto\u00adty\u00adpes, small to medium-sized batches and large series.<\/p>\n
Andra Tech Group now intends to conti\u00adnue its ambi\u00adtious growth stra\u00adtegy and estab\u00adlish itself as a leading inter\u00adna\u00adtio\u00adnal manu\u00adfac\u00adtu\u00adrer of high-tech precis\u00adion compon\u00adents and submo\u00addu\u00adles through orga\u00adnic growth and further acqui\u00adsi\u00adti\u00adons. The focus is on invest\u00adments in the Dutch dome\u00adstic market and expan\u00adsion into new regi\u00adons. Part of the growth stra\u00adtegy is also to further expand the Group\u2019s tech\u00adno\u00adlo\u00adgi\u00adcal exper\u00adtise in the area of high-precis\u00adion manufacturing.<\/p>\n
\u201cIn Castik, we have found the ideal part\u00adner to support us in expan\u00adding our capa\u00adci\u00adties and exper\u00adtise \u2014 both through orga\u00adnic growth and targe\u00adted acqui\u00adsi\u00adti\u00adons. We look forward to working closely with Casti\u00adk\u2019s team, whose expe\u00adri\u00adence and confi\u00addence in our culture and DNA has convin\u00adced us. The fact that the funds advi\u00adsed by Equis\u00adtone remain inves\u00adted as mino\u00adrity share\u00adhol\u00adders shows their contin\u00adued confi\u00addence in Andra Tech Group and our stra\u00adtegy,\u201d explains Geert Ketel\u00ada\u00adars, CEO of the Andra Tech Group<\/strong>.<\/p>\n \u201cWe would like to thank the Andra Tech Group manage\u00adment team for the trust they have placed in us and look forward to deve\u00adlo\u00adping the company further toge\u00adther. Andra Tech Group opera\u00adtes in an attrac\u00adtive market envi\u00adron\u00adment charac\u00adte\u00adri\u00adzed by a steadily incre\u00adasing demand for high-tech compon\u00adents and rapid tech\u00adno\u00adlo\u00adgi\u00adcal progress. Our primary goal is to support Geert and the entire manage\u00adment team in the next phase of growth. A parti\u00adcu\u00adlar focus will be on expan\u00adding the custo\u00admer base and the Group\u2019s tech\u00adno\u00adlo\u00adgi\u00adcal exper\u00adtise,\u201d says Michael Phil\u00adipps, Part\u00adner at Castik Capi\u00adtal<\/strong>.<\/p>\n \u201cIt has been a great plea\u00adsure to support Andra Tech Group on its jour\u00adney over the past three years. During the part\u00adner\u00adship, Andra Tech Group has made four acqui\u00adsi\u00adti\u00adons, further streng\u00adthe\u00adned its posi\u00adtion in the Nether\u00adlands and at the same time successfully ente\u00adred the German market. Andra Tech Group is ther\u00ade\u00adfore ideally posi\u00adtio\u00adned to successfully conti\u00adnue the strong, dyna\u00admic growth of recent years into the future. We look forward to working with the Castik team and to conti\u00adnuing to support Andra Tech Group in its next steps,\u201d adds Hubert van Wolfs\u00adwin\u00adkel, Part\u00adner in Equis\u00adto\u00adne\u2019s Amster\u00addam office.<\/p>\n Consul\u00adtant:<\/strong><\/p>\n Andra Tech Group and the Equis\u00adtone funds<\/strong> were advi\u00adsed on the tran\u00adsac\u00adtion by William Blair (M&A), BCG (Commer\u00adcial), PwC (Finan\u00adcial & Tax), A&O Shear\u00adman (Legal) and Tauw (ESG).<\/p>\n Castik Capi\u00adtal S.\u00e0 r.l<\/strong>. was advi\u00adsed by Lincoln Inter\u00adna\u00adtio\u00adnal<\/strong> (M&A and Finan\u00adcing), Roland Berger <\/strong>(Commer\u00adcial & Opera\u00adtio\u00adnal), PwC <\/strong>(Finan\u00adcial, Tax, ESG), Andra Tech Group, Skad\u00adden, Arps, Slate, Meag\u00adher & Flom <\/strong>(Legal), Hout\u00adhoff (Legal) <\/strong>and White and Case <\/strong>(Finan\u00adcing legal).<\/strong><\/p>\n About Equis\u00adtone Part\u00adners Europe About Andra Tech Group<\/strong> About Castik Capi\u00adtal S.\u00e0 r.l.<\/strong> Amster\u00addam \/ Munich \u2014 Funds advi\u00adsed by Castik Capi\u00adtal S.\u00e0 r.l. (\u201cCastik\u201d) have signed an agree\u00adment to acquire a majo\u00adrity stake in Andra Tech Group. The sellers of the shares are funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe, Moun\u00adtain\u00adview Capi\u00adtal and the manage\u00adment of the group. Funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe and the manage\u00adment team [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":51430,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369,1372,1377],"tags":[],"class_list":["post-51432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant","category-corporate-finance-ma"],"yoast_head":"\n
\n<\/strong>
\nThe funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe are among the most active Euro\u00adpean equity inves\u00adtors with a team of more than 40 invest\u00adment specia\u00adlists in seven offices in the Nether\u00adlands, Germany, Switz\u00ader\u00adland, France and the UK. The Equis\u00adtone funds invest prima\u00adrily in estab\u00adlished medium-sized compa\u00adnies with a good market posi\u00adtion, above-average growth poten\u00adtial and an enter\u00adprise value of between EUR 50 and 500 million. Since its foun\u00adda\u00adtion in 2002, the funds have inves\u00adted equity in more than 180 tran\u00adsac\u00adtions. The port\u00adfo\u00adlio of Equis\u00adtone funds curr\u00adently compri\u00adses around 40 compa\u00adnies across Europe. www.equistonepe.com.<\/p>\n
\nwww.andratechgroup.com\/de<\/p>\n
\nwww.castik.com\/de\/<\/p>\n","protected":false},"excerpt":{"rendered":"