Muon completes acquisition of LouwersHanique
Eerbeek, the Netherlands - Dutch based Muon, a global leader in mission critical micro precision solutions, has completed the acquisition of LouwersHanique, a manufacturer of extreme accuracy technical glass- and ceramic components and a development partner to the world’s most demanding high-tech industries who trust LouwersHanique to work on their most complex challenges. With this acquisition, Muon expects to increase its 2021 revenues to well over EUR 110 million.
With its comprehensive portfolio of miniaturization technologies, Muon is uniquely positioned to supply mission critical micro precision components to end user applications in medical, semiconductor, digital printing and filtration. Backed by Gilde Buy Out Partners, Muon’s strategy is to further solidify its leading position in miniaturization solutions both through accelerated organic growth as well as through acquisitions.
Joost Smits, CEO of Muon:
“At Muon we’re excited that LouwersHanique is joining our platform. LouwersHanique makes for a compelling strategic fit both in terms of end-market compatibility with their offering in semiconductor and medical, as well as from a co-development philosophy point of view. Their technologies and unique capabilities to work with technical glass and advanced ceramics with extreme accuracy, significantly extends the breadth of solutions we can offer to our customers. At the same time, the robustness and scale of the enlarged platform provides LouwersHanique with the continuity and support they look for to execute their ambitious plans and maintain their impressive growth trajectory. I am delighted to welcome Sjoerd van den Cruijsem to our executive board and I am confident he will make a valuable contribution to the group’s success.”
Sjoerd van den Cruijsem, MD of LouwersHanique:
“We’re thrilled to join forces with Muon as we feel that this is the best way to secure our long-term growth ambitions. As MD of LouwersHanique I am proud of our legacy and the organization that we built together, and I am confident that Muon is the right partner to facilitate the next phase of our journey. Muon’s operating model and culture match well and the group’s scale and resources will help us achieve our targets faster. As always, we are committed to invest in next generation technologies to meet and exceed our customers future requirements. I am looking forward to join the Muon executive board and realizing the full potential of the combined LouwersHanique / Muon group together with my old and new colleagues.”
Lincoln International acted as exclusive corporate finance advisor to the shareholders of LouwersHanique.
About LouwersHanique (www.louwershanique.com)
Located in the heart of the Eindhoven Brainport region and building on 70 years of innovation, experience and tradition, LouwersHanique is trusted by some of the world’s leading high-tech companies to be their solutions provider of choice when it comes to extreme accuracy challenges in respect of technical glass, advanced ceramics and special material combinations. Continuously investing in the latest technologies and state-of-the-art equipment, LouwersHanique is a World Class Manufacturing company and its highly skilled and dedicated workforce of 150 employees are passionate about quality.
About Muon (www.muongroup.com)
Headquartered in the Netherlands, Muon is a leading micro precision solutions provider, developing and manufacturing mission critical components functioning at the heart of end user applications in healthcare, semiconductor, digital printing and filtration. With 350 employees Muon has five dedicated technology centers of excellence in The Netherlands, The United-Kingdom and India operating under well-known industry labels Veco, Atul, Millux and Tecan.
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