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Announced

Completed

Gilde-backed Muon completed the acquisition of LouwersHanique from ATESO.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Domestic

Private Equity

glass manufacturer

Glass

Private

Single Bidder

Friendly

Completed

Majority

Acquisition

Synopsis

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Gilde-backed Muon, a supplier of high-precision industrial components, completed the acquisition of LouwersHanique, a specialist in the manufacturing of technical glass and ceramic components, from ATESO. Financial terms were not disclosed. "At Muon we’re excited that LouwersHanique is joining our platform. LouwersHanique makes for a compelling strategic fit both in terms of end-market compatibility with their offering in semiconductor and medical, as well as from a co-development philosophy point of view. Their technologies and unique capabilities to work with technical glass and advanced ceramics with extreme accuracy, significantly extends the breadth of solutions we can offer to our customers. At the same time, the robustness and scale of the enlarged platform provides LouwersHanique with the continuity and support they look for to execute their ambitious plans and maintain their impressive growth trajectory. I am delighted to welcome Sjoerd van den Cruijsem to our executive board and I am confident he will make a valuable contribution to the group’s success," Joost Smits, Muon CEO.

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