A multidisciplinary AKD deal team has advised the shareholders of Hittech on the sale of a majority stake of the Hittech Group to Apheon, a leading European investment firm.
This transaction is subject to customary conditions and approvals by the regulators.
The Hittech Group is a Netherlands based leading integrated systems supplier that engineers and develops highly complex mechanical and mechatronic components and assemblies for blue-chip OEMs in high-growth markets. Hittech serves blue-chip OEM’s active in high-tech industries such as the semicon, medtech, robotics & automation and analytical equipment markets. Hittech operates nine production and clean room facilities in the Netherlands, Germany and Malaysia, employing over 700 people.
The existing consortium of investors in Hittech will reinvest into the Hittech Group with a minority stake.
The AKD team was led by Inan Akdeniz and Wouter Kros, and further involved Lennart Crain, Joyce van den Nouwland, Ruben Schulpen and Ben Beune (Corporate / M&A), Niels Hagelstein and Romy Mattens (Finance & Structuring), Ludo Luijks and Maud Plattel (Tax), Ward Aerts (Corporate Litigation & Insolvency), Joost Houdijk and Erik Dans (Regulatory & Government and EU Law), Jorn de Bruin, Myrthe van Deursen and Nina Vink (Employment and Pensions), Joost Kil and Nino van Deinsen (Construction & Real Estate), Thomas van Kuilenburg (Commercial Contracting), and Bram Woltering and Sophie Hendriks (IP, IT & Data Protection).
For more information on the transaction, please see the press releases by Hittech (here) and Apheon (here).