Microtest, all about the Italian company that is buying the Dutch RoodMicrotec
Members and numbers of Microtest, an Italian semiconductor company that acquired the Dutch RoodMicrotec (and beyond)
The Italian semiconductor company Microtest today completed the public takeover offer of RoodMicrotec, a company operating in the same sector based in the Netherlands.
Acceptances for the takeover bid – RoodMicrotec is listed on the Amsterdam stock exchange – exceeded 87 percent. The operation has a value of 28.9 million euros (0.35 euros per share).
WHAT ROODMICROTEC DOES
RoodMicrotec specializes in semiconductor testing . In 2022 it recorded a turnover of 16.5 million euros, 14 percent more than the previous year; in the first nine of 2023 it reported growth of 10 percent.
The company is present in the Netherlands (Deventer and Zwolle) and in Germany (Nördlingen and Stuttgart).
The CEO and CFO of RoodMicrotec, Martin Sallenhag and Arvid Ladega, will retain their respective roles even after the takeover bid with Microtest.
THE OTHER MICROTEST ACQUISITIONS
RoodMicrotec is the first acquisition of a listed company by Microtest but not the first ever: in recent months the companyhas already acquired the Genoese Gedec and the Dutch Test Inspire.
Through these operations, Microtest aims to increase its international presence and position itself as a relevant player in the microchip supply chain – necessary for the electric car industry and consumer electronics manufacturers -, especially in the final testing segment.
THE MICROTEST NUMBERS…
In the financial statements closed on 31 December 2022, Microtest reported a total production value of 30,932,287 euros, compared to 21,016,927 euros in the previous year. Production costs amounted to 28,160,083 euros, compared to 14,668,354 euros in 2021. In 2022 the profit for the year was 839,738 euros, compared to 4,738,090 euros in 2021.
For 2023 the company expects to achieve a turnover of 38 million euros.
…AND THE MEMBERS
Microtest is based in Altopascio (Lucca), founded by Giuseppe Amelio and Moreno Lupi. It is also present in Malaysia as Microtest Pacific and has twenty-eight active patents.
The press agencies write that from 2022 the majority shareholder of Microtest is the Luxembourg fund Xenon Private Equity VII. However, according to the certificate extracted from the company register dated 10/30/2023, the main shareholder appears to be the Luxembourg company Seven Holding 3.
Out of 14,039,275 total shares, Seven Holding 3 has 8,102,900 pledged with various banks, plus another 200,576.
Future Seeds, Italian (based in Lucca), holds 2,723,550 pledged shares plus another 67,418.
Neway, Italian, holds 2,723,550 pledged shares plus another 67,418.
Lotan, Dutch, holds 87,400 pledged shares plus another 2,163.
Andrea Novaro and Giuseppe Medulla appear to own 32,150 category D shares each.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/microtest-acquisizione-roodmicrotec/ on Mon, 30 Oct 2023 15:05:32 +0000.