(From L-R: Dr. Mike Richard Mattner, Co-Managing Director of Industrial Technologies at Accuron; Mr. Leo Meijer, CEO of Trymax; Mr. Tan Kai Hoe, CEO & President of Accuron; Mr. Ludo Vandenberk,Executive Vice President of Trymax; Mr. Edwin Chow, Vice President for Industrials & New Ventures and Co-Managing Director of Industrial Technologies at Accuron)
Growth with a Focus on Semiconductor Equipment
The acquisition is consistent with Accuron’s long-term growth strategy of building its portfolio of versatile and robust semiconductor equipment solutions. This 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.
Tan Kai Hoe, CEO and President of Accuron Technologies, shared, “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.”
Strong Alignment with Next Stage of Growth
Pontex first entered into an investment partnership with Trymax in March 2019. The partnership was pivotal for Trymax’s earlier stage of growth, enabling the company to accelerate new technology developments, expand its client base and scale up its manufacturing capacity with a new state of the art production facility. Looking ahead, with Accuron as a long-term strategic investor, Trymax is poised for further expansion and global success, leveraging the resources and expertise of the Group.
For Trymax, this transaction ushers in a new chapter for its growth and expansion, where it will leverage Accuron’s network and reach to further broaden the customer base for its plasma-based equipment and solutions. It will also gain access to resources and expertise from fellow companies in the Accuron group, to enhance its product development and suite of solutions.
Leo Meijer, CEO & Founder of Trymax Semiconductor Equipment, expressed, “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.”
Franck Marra, Partner, Pontex Investment Partners, noted, “We are proud of the partnership between Pontex and Trymax which led to an impressive growth over the past 5 years and would like to thank Leo and Ludo as well as the whole management team for their incredible commitment and leadership. We believe that the company is exceptionally well-positioned for continued success under the ownership of Accuron.”
Post acquisition, Accuron will continue to support the management of Trymax to enable the company to capitalise on its growth opportunities in the coming years and achieve its full potential. The company’s existing leadership will remain, ensuring both continuity and execution of its expansion plans.
Trymax was advised by Acuity Advisors (Financial) and Houthoff (Legal). Accuron was advised by Stibbe (Legal).