Gilde Buy Out

April 19, 2018 Eerbeek / Utrecht – Funds advised by Gilde Buy Out Partners (‘Gilde’) today announced the acquisition of Veco B.V. (“Veco” or the “Company”), which was sold by its parent company SPGPrints B.V. (“SPGPrints”). The terms of the agreement have not been disclosed. Veco, a leading supplier of high-precision metal components, maintains a track record of innovation and has built a strong development pipeline supporting the future growth of the Company. Under the ownership of SPGPrints, Veco has displayed consistent growth, both organically as well as through add-on acquisitions. Commenting on the sale, Joost Smits, CEO of Veco says: “I am grateful to all at Veco and SPGPrints for their contribution and support in putting the Company on a path of sustained growth. The sale of Veco to Gilde will allow us to further develop Veco as a strong, stand-alone business.” Hein Ploegmakers, partner at Gilde: “We have been following Veco for some time and are impressed with its track record of consistent growth. The Company has built a leading position in micro-precision technology and is in an excellent position to further build on this solid foundation. We are excited to support Veco in this next phase of development.” full details Read more at: http://gilde.com/news/2018/gilde-buy-out-partners-and-management-acquire-veco-precision-from-spgprints

Categories: News

Tags:

About the Author