Tempress has been acquired by Innovation Industries
April 2020 — Amtech Systems, Inc has sold Tempress to Innovation Industries.
Tempress develops and manufactures equipment to produce solar cells and semiconductors. The company’s diffusion furnaces generally consist of three large modules: the load station, where the loading of the wafers occurs; the furnace section, which is comprised of one to five thermal reactor chambers; and the gas distribution cabinet, where the flow of gases into the reactor chambers is controlled; and is often customized to meet the requirements of the customers’ particular processes. Tempress’ main customers are solar panel manufacturers.
Innovation Industries is a European venture capital fund investing in impactful deep tech and focusing on sustainability and scalability.
Amtech Systems is a leading, global manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies and light-emitting diodes (LEDs). The company sells these products to semiconductor and automotive component manufacturers worldwide, particularly in Asia, North America and Europe.
Our role in the transaction
Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to Tempress’ shareholders.
Talk to the deal team
Related deals
Contrinex has joined Nordson
Contrinex S.A., a Swiss technology leader in high-performance sensors for factory automation, has been acquired by Nordson Corporation, a US-based precision technology company. Contrinex will become part of Nordson’s Advanced Technology Solutions segment. The acquisition complements Nordson’s test and inspection portfolio with expertise in sensing technologies for harsh environments and miniature precision positioning, expanding its capabilities in factory automation and control. Contrinex will benefit from Nordson’s global sales infrastructure and continued investment in bringing its technologies to more customers worldwide.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn moreENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn more