Aalberts Industries divested 100% of the shares in Micro Machining Group to private equity firm Standard Investment. Rembrandt Mergers & Acquisitions acted as exclusive financial advisor to the seller.
Micro Machining Group, comprising of Machinefabriek Technology Twente and Germefa, is a leading company in the production of metal precision parts. The company services clients in high tech sectors including semiconductors, medical and optical devices and the aviation and aerospace industry. Micro Machining Group employs approximately 90 employees at locations in Hengelo and Alkmaar. More information is available on: www.micromachininggroup.nl
Aalberts Industries and Standard Investment
Aalberts Industries divested Micro Machining Group, which was part of the multinational for more than 20 years, because the activities were no longer part of the core strategy.
More information is available on: www.aalberts.com
Standard Investment focuses on SMEs in a wide range of industries in the Netherlands and Belgium. The acquisition of Micro Machining Group improves the position of the Amsterdam based Standard Investment in the metal industry.
More information is available on: www.standard.nl