# Sero acquires Semecs to expand EMS capabilities

Sero GmbH, a portfolio company of DBAG Fund VII, has acquired Solid Semecs B.V. (Semecs), a Dutch EMS provider. DBAG Fund VII will invest around €16 million, with DBAG co-investing €3.6 million. The acquisition aims to broaden the customer base and add a production site in Slovakia.

- Type: Acquisition
- Announced: 2021-05-04
- Where: Uden, Netherlands
- Value: $19.0M (16.0M EUR)
- Status: announced
- Products: electronic manufacturing services, printed circuit boards
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Deutsche Beteiligungs AG](https://endata.com/companies/5437.md) (investor)
- [DBAG Fund VII](https://endata.com/companies/5438.md) (investor)
- [Sero](https://endata.com/companies/54878.md) (acquirer)
- [Solid Semecs](https://endata.com/companies/54879.md) (target)
- [Rademaker Beheer](https://endata.com/companies/54880.md) (partner)

## Sources

- [dbag.com](https://www.dbag.com/newsroom/detail/dbag-portfolio-company-sero-acquires-semecs/), 2021-05-04: "The objectives of the transaction, agreed at the end of last week, are to broaden the customer base, to explore new buyer industries, as well as expanding production capacity with a site in Eastern Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.