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.