Divestiture • Manufacturing

Group14 Acquires Schmid Silicon

On July 24, 2023, Group14 acquired manufacturer Schmid Silicon from SCHMID Group

Acquisition Context
  • This is Group14’s 1st transaction in the Manufacturing sector.
  • This is Group14’s 1st transaction in Germany.

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M&A Deal Summary

Date July 24, 2023
Target Schmid Silicon
Sector Manufacturing
Buyer(s) Group14
Sellers(s) SCHMID Group
Deal Type Divestiture

Target Company

Schmid Silicon

Freudenstadt, Germany
Schmid Silicon is a manufacturer of advanced silicon material by utilizing proprietary technology and industrial experience for providing leading-edge solutions to clients. Schmid Silicon is based in Freudenstadt, Germany.
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Buyer Overview 1

Buyer

Group14

Woodinville, Washington, United States

Category Company
Founded 2015
Sector Manufacturing
DESCRIPTION

Group14 is a global manufacturer and supplier of advanced silicon battery materials that enable the electrification of everything from tiny medical, consumer, and commercial devices to every possible flavor and size of transportation. The company brings new finely-tuned performance capabilities to the era of the lithium-silicon battery. Group14 was founded in 2015 and is based in Woodinville, Washington.


Deal Context for Buyer #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2023 1 of 1

Seller Profile 1

SELLER

SCHMID Group

Freudenstadt, Germany

Category Company
Founded 1864
Sector Semiconductors
Employees1,200
DESCRIPTION

SCHMID Group is a designer and manufacturer of capital equipment as well as fully integrated lines and facilities for the production of printed circuit boards, photovoltaic products, flat panel displays, factory automation, medical and pharmaceutical related equipment, and energy storage systems. SCHMID Group was founded in 1864 and is based in Freudenstadt, Germany.


Deal Context for Seller #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2023 1 of 1

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