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Industrial Machinery & Components

IPTE has acquired by a cash tender offer and delisting Connect Group

IPTE, a worldwide supplier of automated production equipment for the electronics and mechanics industry, has acquired Connect Group.

The IPTE Factory Automation division develops standard machinery and turnkey automation systems for the production, test and treatment of printed circuit boards and for final assembly work. The equipment is used in automotive, telecommunications, consumer electronics and other sectors within the electronics industry. IPTE is present in Belgium, France, Germany, Portugal, Spain, Romania, Estonia, Mexico, Brasil, USA and Asia.

Connect Group is a certified, leading subcontractor of technology, production systems, printed circuit boards and cable assembly services for the professional industry. The company was founded 30 years ago and has 200 employees.

Oaklins' team in Belgium acted as the exclusive advisor to the bidder in this public takeover bid.

Service
M&A buy-side
Parties

Talk to the deal team

 Bart  Delusinne

Bart Delusinne

Managing Director
Brussels, Belgium
Oaklins KBC Securities
 Alexander  Gryson

Alexander Gryson

Director
Brussels, Belgium
Oaklins KBC Securities
 Dieter  Simons

Dieter Simons

Director
Brussels, Belgium
Oaklins KBC Securities

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