Munich, Germany – GrowthPoint is pleased to announce the acquisition of MueTec by Tztek Technology.
TZTEK is an internationally active, listed technology group with a focus on machine vision and industrial digitalisation, based in Suzhou, People’s Republic of China. The acquisition was effected via its subsidiary SLSS Europe GmbH, based in Munich (“SLSS”). The sellers are the majority shareholder, Deutsche Effecten- und Wechselbeteiligungs AG (“DEWB”) and the private entrepreneur Ralph Detert. Financial advisor on the buyer side was Living-stone Partners. In a first step, SLSS has acquired a minority stake in MueTec. The complete takeover is subject to approval by the German Ministry for Economic Affairs.
MueTec specializes in optical inspection and metrology systems used for quality control in semiconductor manufacturing. The company, with sites in Munich and in Aholming/Lower Bavaria, as well as in Taiwan and Malaysia, employs around 40 people. TZTEK intends to develop the German site of MueTec by expanding it as a European development center and, thus, to also offer its employees a long-term perspective. Founded in 2005, TZTEK is a dynamically growing company with around 1,100 employees. Sales have almost tripled in recent years.
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