Belgian investor buys majority in high-tech company in The Hague, the Netherlands.
Investment firm Apheon is pleased to announce the acquisition of a majority stake in Hittech Group from its founders and a consortium of private shareholders.
Hittech is a leading integrated systems supplier that engineers and develops highly complex mechanical and mechatronic components and assemblies. The management team and the private shareholders will reinvest alongside Apheon to actively support the Company’s growth ambitions.
Founded in 2004 and headquartered in The Hague, the Netherlands, Hittech is a leading integrated systems supplier that engineers and develops highly complex mechanical and mechatronic components and assemblies for blue-chip OEMs in high-growth markets. The Company serves blue-chip OEM’s active in high-tech industries such as the semicon, medtech, robotics & automation and analytical equipment markets. Hittech operates nine well-invested production and clean room facilities in the Netherlands, Germany and Malaysia, employing over 700 people.
The global semiconductor industry is at the forefront of a rapidly changing technological landscape experiencing tremendous structural tailwinds and Apheon believes that Hittech is strategically positioned to capitalize on this growth. Apheon looks forward to supporting the Company and its founders in realizing its growth strategy by further developing the operational footprint and continuing to venture into new geographies and end-markets.
Pieter Lambrecht, Partner at Apheon and Bas Kea, Director at Apheon, commented: “We are very excited to invest in Hittech, enabling the progression of cutting-edge technologies used in AI, digitization, medtech and many other high-tech end markets. Hittech’s philosophy of innovation, partnership and excellence is very much aligned with our values at Apheon. We would like to thank Hittech and its stakeholders for the trust they have placed in us, and are looking forward to supporting Eric (CEO Eric Driessen, ed.) and the team in further developing the Company together.”
