PINOVA Capital has divested its majority stake in WEETECH to Halma plc, integrating WEETECH's advanced electrical testing technology into Halma's portfolio.
Information on the Target
WEETECH Holding GmbH (WEETECH) is a prominent German company that specializes in designing and manufacturing electrical testing technology. Founded in 1973 and based in Wertheim, Germany, WEETECH provides essential testing solutions to verify the integrity of high and low voltage electrical systems. Their extensive product range caters to various industries, including aerospace, avionics, and rail manufacturing, as well as mechanical and electrical engineering sectors, and automotive Tier 1 suppliers.
Over the past four decades, WEETECH has established a strong reputation and a loyal customer base composed of blue-chip companies across several industries. Their commitment to close collaboration with clients in the planning, programming, and installation of specialized solutions has made them a benchmark in cable and functional testing.
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Industry Overview in Germany
The electrical testing technology industry in Germany is characterized by a robust demand for innovation, particularly with the increasing emphasis on E-Mobility and sustainabili
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Halma plc
invested in
WEETECH Holding GmbH
in 2022
in a Growth Equity & Expansion Capital deal