Business description

Veco Precision is a leading supplier of high-precision industrial components. The company provides micro-precision engineering solutions through the application of three production technologies, being electroforming, chemical etching and laser material processing. It supplies its products to a range of end-markets, of which digital printing, medical and semi-conductors are largest. Veco Precision is the global market leader in electroforming technology and takes leading positions locally in chemical etching and laser material processing.

Investment thesis

Veco Precision aims to further grow its business through continued product (co-)development with its current customers, as well as to introduce its products to new markets. Furthermore, the company is looking to engage in bolt-on M&A to diversify its product and/or end-market range.