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Meyer Burger divests manufacturer for microwave and plasma systems Muegge GmbH
As part of its focus on the transformation of Meyer Burger into a manufacturer of solar cells and modules, the Company has decided to sell the non-strategic business unit. Muegge GmbH is one of the world's leading manufacturers of microwave and plasma systems - from industrial heating with microwaves to plasma technology processes for large-area coating. Together with its American subsidiary Gerling Applied Engineering Inc., the company continuously develops new components for industrial applications in almost all sectors and markets on the basis of its own processes.
HQ Equita is part of the Harald Quandt-Group, based in Bad Homburg. Around 20 experts support primarily owner-managed SMEs in strategically developing and growing their business. HQ Equita has become an established and trusted partner for SMEs since 1992, with around EUR 1 billion invested in over 30 small and medium-sized companies in German-speaking countries.. "MUEGGE, as a technologically driven company with a strong position in its niche market, is an ideal match for HQ Equita. With its dynamic management team and leading R&D and engineering capabilities, the company is ideally positioned to serve a growing range of applications in international markets. Also in light of our positive experience with corporate spin-offs, we are convinced of MUEGEE’s future potential and are very much looking forward to supporting the management team in building on their success story." explained Frank Schäfer, partner with HQ Equita.
Meyer Burger was advised on the transaction by IPONTIX (M&A) and the law firm Schmitz Knoth (legal).
About HQ Equita
HQ Equita is part of the Harald Quandt-Group, based in Bad Homburg. Around 10 investment professionals support primarily owner-managed SMEs in strategically developing and growing their business. HQ Equita has become an established and trusted partner for SMEs since 1992, with around EUR 1 billion invested in over 35 small and medium-sized companies in German-speaking countries.
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