Jamieson is pleased to announce that it has advised the management team of Andra Tech Group on the successful sale of the business from Equistone Partners to Castik Capital (while Equistone Partners to retain a minority stake).
Headquartered in the Netherlands, Andra Tech Group is a leading group of manufacturers of high-tech precision components and sub-modules. The Group consists of nine operating companies in the Netherlands and Germany with a total of eleven modern and well-invested production sites focusing on the production of high-quality precision mechanical parts and modules. Andra Tech Group produces parts for prototypes, small to medium-sized batches and large series.
The acquisition will allow the company to further expand their capacities and capabilities and grow both organically and acquisitively.
Andrew Cox, Pieter Hornsveld, and Adam Colley advised the management team on their reinvestment in the new structure and the terms of the new management equity arrangements.
This transaction completed on 9 September 2024.
