Divestiture • Technology Hardware

Precision Surfacing Solutions Acquires Meyer Burger Technology - Wafering Division

On February 7, 2019, Precision Surfacing Solutions acquired technology hardware company Meyer Burger Technology - Wafering Division from Meyer Burger

Acquisition Context
  • This is Precision Surfacing Solutions’ 1st transaction in the Technology Hardware sector.
  • This is Precision Surfacing Solutions’ 1st transaction in Switzerland.

Explore All 320 Divestiture Technology Hardware Deals - Search the Database Free


M&A Deal Summary

Date February 7, 2019
Target Meyer Burger Technology - Wafering Division
Sector Technology Hardware
Buyer(s) Precision Surfacing Solutions
Sellers(s) Meyer Burger
Deal Type Divestiture

Target Company

Meyer Burger Technology - Wafering Division

Switzerland
Meyer Burger Technology - Wafering Division provides a photovoltaic and specialized substrate material for semiconductor and sapphire industries.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Precision Surfacing Solutions

Rendsburg, Germany

Category Company
Sector Machinery
DESCRIPTION

Precision Surfacing Solutions is a developer of technology to produce micron accuracy surface finishes. Precision Surfacing Solutions is based in Rendsburg, Germany.


Deal Context for Buyer #
Overall 3 of 4
Sector: Technology Hardware 1 of 1
Type: Divestiture 1 of 1
Country: Switzerland 1 of 1
Year: 2019 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-04 KEHREN

Hennef, Germany

KEHREN GmbH is a provider of machine tools and systems for high-precision grinding applications. KEHREN is based in Hennef, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-01 ISOG Management

Weilheim, Germany

ISOG Management develops, sells, and services CNC tool grinding centers and manual grinding machines for industries and tool producers worldwide. ISOG Management was founded in 1950 and is based in Weilheim, Germany.

Buy -

Seller Profile 1

SELLER

Meyer Burger

Thun, Switzerland

Category Company
Founded 1953
Sector Machinery
Employees1,100
Revenue 135M CHF (2023)
DESCRIPTION

Meyer Burger has specialised in cutting hard and brittle materials and is now a leading supplier of saws for cutting silicon blocks. The machines are mainly used in the photovoltaic, semiconductor and optical industries. Meyer Burger has subsidiaries in China and Japan as well as service points in Germany, Italy and the Philippines. Meyer Burger was founded in 1953 and is based in Thun, Switzerland.


Deal Context for Seller #
Overall 1 of 3
Sector: Technology Hardware 1 of 1
Type: Divestiture 1 of 3
Country: Switzerland 1 of 2
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-15 Diamond Wire Material Technologies

Colorado Springs, Colorado, United States

Diamond Wire Material Technologies (DMT) serves the Solar (photovoltaic), Optical and Semiconductor markets around the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-20 Meyer Burger Technology AG - Inkjet Printer Business

Thun, Switzerland

Meyer Burger Technology AG - Inkjet Printer Business (PiXDRO) produces and distributes semi-automatic and fully-automatic devices for inkjet-based coating processes. While they have primarily been used in the area of research and development, printed circuit boards (PCB), and photovoltaics (PV), this additive, digital inkjet printing technology is also opening up a number of new possibilities in semiconductor technology.

Sell €5M