Apheon acquires a majority stake in Hittech Group.
Apheon, a leading European investment firm, acquired a majority stake in Hittech Group from its founders and a consortium of private shareholders. The management team and the private shareholders will reinvest alongside Apheon to actively support the Company’s growth ambitions.
Hittech group CEO Eric Driessen: “Hittech has experienced strong growth supported by the positive underlying trends of our clients and end-markets and has invested significantly in developing our people, production capacity and capabilities. In the future, we see continued strong demand for our services and look forward to continuing to support our clients in developing technologies. We are pleased to onboard Apheon as a new partner to support us with investments in our existing operational footprint while continuing to grow into new geographies. In Apheon, we have found our partner of choice to offer strategic guidance and capital to unlock the next growth phase with a deep network in our markets.”
Pieter Lambrecht, Partner at Apheon and Bas Kea, Director at Apheon: “We are very excited to invest in Hittech, enabling the progression of cutting-edge technologies used in AI, digitisation, MedTech and many other high-tech end markets. Hittech’s philosophy of innovation, partnership and excellence aligns with our values at Apheon. We would like to thank Hittech and its stakeholders for the trust they have placed in us, and look forward to supporting Eric and the team in further developing the company together.”
Apheon is a pan-European mid-market private equity investment company that manages €3 billion of assets from select global institutional investors and families. It is characterised by its partnership approach, which involves providing entrepreneurs and management teams with “patient and friendly capital” and industrial know-how to prepare their companies for the future.
