Acuity advises Trymax Semiconductor Equipment on its majority stake sale to Accuron Technologies

Netherlands, 4 February 2025 ——Trymax Semiconductor Equipment (Trymax) is a specialist in plasma-based and UV-based process equipment and solutions for semiconductor manufacturers. This transaction ushers in a new chapter for its growth and expansion, where it will leverage Accuron Technologies’ (Accuron’s) network and reach to further broaden the customer base for its plasma-based equipment and solutions. It will also gain access to resources and expertise from fellow companies in the Accuron group, to enhance its product development and suite of solutions.

Accuron Technologies is a global precision engineering and technology group headquartered in Singapore. Founded in 1981 and owned by Temasek, Accuron has core competencies in precision manufacturing, material processing, systems design, and system integration.

This transaction expands Accuron’s scope of solutions in the Semiconductor Equipment sector and strengthens its European presence. The acquisition is consistent with Accuron’s long-term growth strategy of building its portfolio of versatile and robust semiconductor equipment solutions. This investment enables Accuron to add to its current offerings in the Etch & Clean process segment, while creating opportunities for potential collaboration with other companies in the Group.

The sellers comprise Pontex Investment Partners (Pontex), a private equity firm and current investor, as well as Leo Meijer and Ludo Vandenberk, the two founders of Trymax. Following the transaction, Meijer and Vandenberk are expected to continue managing the company.

Post acquisition, Accuron will continue to support the management of Trymax to enable the company to capitalise on its growth opportunities in the coming years and achieve its full potential. The company’s existing leadership will remain, ensuring both continuity and execution of its expansion plans.

Tan Kai Hoe, CEO and President of Accuron Technologies, shared, “This acquisition is another important milestone for Accuron, enhancing our product offerings and geographical coverage in the semiconductor industry. We look forward to welcoming the Trymax team into the Accuron family and working together to better serve our customers.”

Leo Meijer, CEO & Founder of Trymax Semiconductor Equipment, expressed, “Following a successful partnership with Pontex, we’re excited about joining forces with Accuron. This acquisition provides us with the support and expanded capabilities needed to accelerate our next stage of development. The alignment with Accuron’s vision for the semiconductor industry will enable us to enhance our offerings and continue delivering exceptional value to our customers. We look forward to having continued success under this new partnership.”

Leo Meijer, CEO of Trymax said:

“James, Richard, and the Acuity team are true semiconductor pros who brought energy and professionalism to every step of our deal. Their deep industry know-how and sharp advice made all the difference in helping us successfully exit Trymax to Accuron. I’d happily recommend Acuity for any mid-market semiconductor exit.”

Franck Marra, Partner at Pontex said:

“The Acuity team overdelivered throughout the entire transaction process. From start to finish they have shown a deep understanding of the business and sector dynamics, provided reliable and insightful input when taking strategic decisions, and demonstrated impressive execution capabilities. We would like to thank the whole team for their hard work in making this transaction a success for all parties involved.”

James Smith, Director at Acuity commented:

“I am delighted to have advised the shareholders of Trymax on the successful sale to Accuron Technologies, Accuron’s specialist Semiconductor Group. In Trymax, Leo and Ludo have built a global leader in the dry etch and clean semiconductor capital equipment market and cemented this status under their partnership with Pontex. We are very pleased with this landmark transaction for all parties, and remain very excited about the future of the Company under the stewardship of Accuron Technologies.”

Richard Baker, Managing Partner at Acuity commented:

“This transaction underscores the strong strategic fit between Trymax and Accuron Technologies. Trymax’s leadership team has demonstrated a clear vision and a commitment to excellence, and we are confident that Accuron will provide the resources and support necessary to drive continued growth and success. This is yet another example of Acuity’s strong experience and expertise in the semiconductor capital equipment sector.”