# Andra Tech Group acquires majority stake in Mayer Feintechnik

Andra Tech Group, a Dutch precision components manufacturer, acquired a majority stake in German metal precision components specialist Mayer Feintechnik, marking its first acquisition in Germany under Equistone's ownership.

- Type: Acquisition
- Announced: 2022-12-22
- Where: Göttingen, Germany
- Status: announced
- Products: precision metal components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Mayer Feintechnik GmbH](https://endata.com/companies/17618.md) (target)
- [Equistone](https://endata.com/companies/52880.md) (investor)
- [Andra Tech Group](https://endata.com/companies/67499.md) (acquirer)

## Sources

- [private-equitynews.com](https://www.private-equitynews.com/news/first-acquisition-in-germany-for-equistone-portfolio-company-andra-tech-group-strengthens-its-position-through-acquisition-of-metal-precision-components-specialist-mayer-feintechnik/), 2022-12-22: "This acquisition makes Mayer Feintechnik the sixth company and first German business to join the fast-growing Andra Tech Group."
- [andratechgroup.com](https://andratechgroup.com/en/acquisition-of-mayer-feintechnik/), 2022-12-27: "Andra Tech Group has reached an agreement on December 31st, 2022 to acquire 100% of the shares of Mayer Feintechnik GmbH"
- [brainportindustries.com](https://www.brainportindustries.com/en/members/news-from-members/andra-tech-group-acquires-german-metal-precision-components-specialist-mayer-feintechnik), 2023-01-04: "Netherlands-based Andra Tech Group has reached an agreement on December 31st, 2022 to acquire 100% of the shares of Mayer Feintechnik GmbH."

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