Trymax joins Accuron Technologies
Singaporean precision engineering and technology group Accuron Technologies has secured a controlling interest in Dutch specialist in plasma-based and UV-based process equipment Trymax Semiconductor Equipment.
This transaction expands Accuron's scope of solutions in the semiconductor equipment sector and strengthens its European presence.
The acquisition is consistent with Accuron's long-term growth strategy of building its portfolio of versatile and robust semiconductor equipment solutions. The investment enables Accuron to add to its current offerings in the Etch & Clean process segment, while creating opportunities for potential collaboration with other companies in the group.
The sellers comprise Pontex Investment Partners (Pontex), a private equity firm and current investor, as well as Leo Meijer and Ludo Vandenberk, the two founders of Trymax. Following the transaction, Meijer and Vandenberk are expected to continue managing the company.
“This acquisition is another important milestone for Accuron, enhancing our product offerings and geographical coverage in the semiconductor industry. We look forward to welcoming the Trymax team into the Accuron family and working together to better serve our customers,” says Tan Kai Hoe, CEO and President of Accuron Technologies, in a press release.
Pontex first entered into an investment partnership with Trymax in March 2019. The partnership enabled the company to accelerate new technology developments, expand its client base and scale up its manufacturing capacity with a new production facility. Looking ahead, Trymax is poised for further expansion, leveraging the resources and expertise of its new group.
“Following a successful partnership with Pontex, we’re excited about joining forces with Accuron. This acquisition provides us with the support and expanded capabilities needed to accelerate our next stage of development. The alignment with Accuron’s vision for the semiconductor industry will enable us to enhance our offerings and continue delivering exceptional value to our customers. We look forward to having continued success under this new partnership,” says Leo Meijer, CEO & Founder of Trymax Semiconductor Equipment.
