Ebidco has completed a voluntary public tender offer for the warrants of Eles Semiconductor Equipment
December 2025 — Ebidco S.r.l. has completed a voluntary public tender offer for the warrants of Eles Semiconductor Equipment S.p.A.
Ebidco is an acquisition vehicle owned by Xenon Private Equity. It was established for the purpose of acquiring the warrants of Eles Semiconductor Equipment through a tender offer.
Eles Semiconductor Equipment specializes in the design and manufacture of performance test systems and equipment for the semiconductor industry. The company offers solutions for assessing the reliability of semiconductor integrated circuits and electronic modules. It is also involved in test system configuration and engineering activities. Given its status as a publicly listed company, the warrants of Eles Semiconductor Equipment had a widely dispersed shareholder base.
Our role in the transaction
Oaklins Italy’s parent company, Banca Akros, served as the appointed broker for the collection of warrants in Ebidco’s voluntary public tender offer for 100% of Eles Semiconductor Equipment’s warrants.
Talk to the deal team
Related deals
7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn moreAlba has completed a voluntary public tender offer for the shares of Borgosesia
Alba S.r.l. has completed a voluntary public tender offer for 100% of the shares of Borgosesia S.p.A.
Learn moreGramo has completed a mandatory public takeover bid for the shares of Deceuninck
Gramo BV has completed a mandatory public takeover bid for the shares of Deceuninck NV. The bid was launched after Gramo’s conversion of warrants increased its participation in Deceuninck above the 30% voting rights threshold, thereby triggering a mandatory takeover bid under Belgian takeover legislation. The transaction further strengthens the stability of Deceuninck’s shareholder base and supports the company’s long-term strategy focused on innovation, sustainability and operational excellence.
Learn more