HQ Equita to acquire MUEGGE from Meyer Burger Technology for c. $30m.

HQ Equita, a mid-cap buyout firm, agreed to acquire MUEGGE, an industrial microwave and plasma technology, from Meyer Burger Technology, a global technology company in the photovoltaics industry, for c. $30m. “MUEGGE, as a technologically driven company with a strong position in its niche market, is an ideal match for HQ Equita. With its dynamic management team and leading R&D and engineering capabilities, the company is ideally positioned to serve a growing range of applications in international markets. Also in light of our positive experience with corporate spin-offs, we are convinced of MUEGEE’s future potential and are very much looking forward to supporting the management team in building on their success story,” Frank Schäfer, HQ Equita Partner.