Based in Göttingen, Germany, Mayer Feintechnik has been a specialist in precision metalworking for over 50 years. The business is an established partner for the development and manufacture of high-complexity precision parts, systems, and components in small and medium-sized batches. Mayer Feintechnik serves a broad range of customers across several high-tech sectors, including optics, lasers, medtech and semiconductors, acting as a reliable partner from project definition and conception to engineering, production, and assembly. The company currently employs c.120 experienced, highly qualified people.This acquisition makes Mayer Feintechnik the sixth company and first German business to join the fast-growing Andra Tech Group.
As a result of the transaction, Mayer Feintechnik will be well placed to meet the increasing customer demand for its products and supporting processes, such as cleanroom services. Both companies will also share expertise and focus on maximising operational synergies through capacity utilisation and joint machine and material procurement. “Mayer Feintechnik is now an important member of this fast-growing, leading group of companies. We look forward to starting a new chapter in our history together with ATG and Equistone,” said Frank Neuschulz, previous shareholder, and CEO of Mayer Feintechnik. Following the transaction, Mr. Neuschulz will remain on board as CEO of Mayer Feintechnik and reinvest part of his sales proceeds in ATG.