ILT (Industrial Lader Technology) Fineworks B.V. was established in 1985 by Paul Bant and is active as a supplier of precision engineering markets, such as producers of medical equipment and semiconductor manufacturing, both within The Netherlands and abroad. The company produces both components and (sub-)assemblies using lasers. ILT Fineworks also offers the option of mechanical prototyping. The company is located in Enschede. General manager Reinier de Gelder acquired 55% of the shares in ILT Fineworks from its founder Paul Bant.
Rembrandt Mergers & Acquisitions assisted both parties in realizing this transaction. This Management Buy-Out guarantees the independent and flexible character of the company and guarantees a suitable succession of founder Paul Bant.