Xenon-backed Microtest to acquire RoodMicrotec for €29m.

Xenon-backed Microtest, a supplier of materials testing machines, agreed to acquire RoodMicrotec, an independent company for semiconductor supply and quality services, for €29m. “We are very excited to be able to take this next and very important step in the merger process with Microtest. The merger with Microtest and the expansion plan provided by Xenon will put the new entity in a very strong position to be a major player in the growing market in Europe. We are thrilled to be able to join on this journey towards something better for the future. I am convinced that this is a very good path forward for the customers and employees of RoodMicrotec since it enables a faster and stronger growth potential compared to a stand-alone company,” Martin Sallenhag, RoodMicrotec CEO.