Headquarter: Netherlands

Revenue: ~€200m

Investment Date: September 2024

Business overview

Andra Tech Group (ATG) is a high-precision manufacturing group deeply integrated into the ASML supply chain.

The company specializes in engineering and production of high-quality precision mechanical parts and sub-modules and forms part of the Dutch high-tech cluster around Veldhoven, serving customers in semi-conductor, semi-conductor equipment, high-tech, medtech and general engineering. The group is headquartered in Veldhoven (NL) and today employs ca. 650 FTE.

Andra Tech Group has a proven M&A track record and has executed a total of eight acquisitions to date (seven in the Netherlands, one in Germany).

Mission-critical, high-mix low-volume components 

Sustainable double-digit topline growth 

State-of-the art manufacturing facilities

Deal description

Management and Castik will continue to strengthen the company´s good position with existing customers, while accelerating organic growth and increasing the volume of add-on acquisitions to build a leading, international precision manufacturing specialist.

A key element to success will be the further expansion of Andra Tech Group’s strong engineering and co-development capabilities, complemented by adding further specialty machining know-how, including the expansion of the recently built 3D metal printing competency center at ATG.

Investment highlights
  • Excellent technological capabilities and reputation as a high-end precision machining expert
  • Engineering and co-development expertise that helps customers fulfil their needs in a more effective and efficient way
  • Long-term customer relationships with major high-tech OEMs with a high level of operational collaboration 
  • Strong exposure to the rapidly growing semiconductor-industry and the technology hub around Veldhoven
  • Extensive track record of both consistent organic and inorganic growth 
  • Well-invested, high-quality facilities with ample room for further expansion