bm|t has backed the buyout of German electronic manufacturing service (EMS) company HASEC-Elektronik GmbH. bm|t’s investment will further spur the organic growth in accessing new customer groups and expanding strategic partnerships. HASEC is a technology leader in German EMS for producing electronic components and devices. The investment was made by the PET II fund managed by bm|t.
bm|t has acquired a 20 per cent share of the business, mainly relying on the successful development of the company over a period of 20 years, as well as the skills of management and employees. “The superior technology in the manufacturing process and the strong market position convinced us,“ stated Christian Damjakob, Managing Director of bm|t. The investment will not only strengthen the equity of the company but also have a positive impact on the region.
“The investment of bm|t will be used to expand our core business. With bm|t we found a strong local partner that understands and supports our growth strategy.” says Marco Zimmermann, CEO of HASEC.
DHASEC is a leading mid-sized EMS (Electronic Manufacturing Services) provider of complete electronic and micro-electronic modules and devices. The company was founded in 1991. Last year, the 160 employees at the company’s headquarters in Wutha-Farnroda / Thuringia generated sales of approx. € 20m. HASEC is a technology leader among the mid-sized EMS providers and delivers to customers around the world in industries such as home automation, medical technology, IT-hardware, safety engineering and sensor systems. More information: www.hasec.de
bm|t beteiligungsmanagement thüringen gmbh, Erfurt, is a subsidiary of Thüringer Aufbaubank. bm|t serves as a management company for six investment funds with assets under management of approx. €230m. With more than 40 portfolio companies, bm|t is the leading Private Equity and Venture Capital company in the State of Thuringia. For more information visit www.bm‑t.com
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