ATREG | December 16, 2021
ATREG, Inc., which specializes in helping advanced technology companies divest and acquire infrastructure-rich manufacturing assets (semiconductor fabs and cleanrooms) worldwide, announced that it has successfully advised Elmos Semiconductor SE on the disposition of its operational automotive-certified 200mm manufacturing facility located in Dortmund, Germany. Elmos has entered into a definitive sale and purchase agreement with Silex Microsystems AB, a pure-play MEMS foundry headquartered in Järfälla, Sweden, for a net purchase price of 77.5 million Euro plus around 7 million Euro for the work-in-progress inventory, totaling approx. 85 million Euro. The transaction is expected to close in the second half of 2022, subject to customary closing conditions and regulatory approvals. The transaction includes a long-term supply agreement until at least 2027, with Elmos buying processed wafers produced at the fab.
This transaction is an important structural alignment of our manufacturing strategy. And it provides a long-term perspective with new products and technologies for the Dortmund wafer fab and its employees.The ATREG team has been instrumental at bringing the right caliber of global buyers to the table and demonstrated the creativity needed in structuring a transaction model that met all of our business objectives.”
Elmos CEO Dr. Arne Schneider
Elmos will transfer all relevant assets and contracts directly linked to the fab into the newly founded stand-alone foundry operation. When the transaction closes, Silex will acquire 100% of the shares of the fab, including direct and indirect personnel under the leadership of the fab’s former management. Elmos will continue to own the building, but will lease the cleanroom to Silex based on the long-term lease agreement. Product testing activities will remain with Elmos who will provide the necessary infrastructure, utilities, IT support, and licenses to Silex based on separate lease and service agreements.
About ATREG, Inc.
Headquartered in Seattle, USA, ATREG, Inc. specializes in helping global companies divest and acquire infrastructure-rich advanced technology manufacturing assets, including front-end and back-end semiconductor fabs, cleanroom facilities, and technology campuses in North America, Europe, and Asia.
Elmos develops, produces, and markets semiconductors, primarily for use in the automotive industry. Our components communicate, measure, regulate, and control safety, comfort, powertrain, and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable, and more energy efficient. With our solutions, we are already the worldwide #1 in applications with great future potential, such as ultrasonic distance measurement, ambient light, and intuitive HMI.
LEADERSHIP AND STRATEGY
SV Labs | January 17, 2022
San Francisco Equity Partners (SFEP) announced the acquisition of Diversified Manufacturing Corporation (DMC) by its portfolio company SV Labs, a leading contract manufacturer of beauty and personal care products. SV Labs CEO Graham Orriss will lead the combined companies. Terms of the deal were not disclosed.DMC is a full-service contract manufacturer that develops, formulates and manufactures beauty and personal care products for well-known consumer brands. The company owns more than 2,000 product formulas and delivers exceptional service to its growing customer base across the areas of R&D, manufacturing, quality assurance and packaging. DMC was founded in 1987 by Rishikesh Motilall and is located in Prescott, WI.
SV Labs plans to leverage DMC’s cGMP and OTC certified production facility, as well as its strength in high-speed liquid filling, to expand its product offerings for both existing and new customers. The combined companies will operate over 325,000 sq. ft. of manufacturing space across three facilities and continue to serve a diverse customer base of multi-national CPG companies, emerging brands, direct-to-consumer brands and leading national retailers.
“DMC has built an exceptionally strong production infrastructure, in particular with respect to liquid filling and OTC, We see a significant growth opportunity in combining SV Labs’ existing capabilities with DMC’s to expand our offerings, increase our capacity, and continue delivering excellent service and quality to our customers. The addition of a major facility in the Midwest will enable us to serve our customers’ needs even faster and more efficiently than before.”
-Graham Orriss, CEO of SV Labs.
David Mannix, Partner at SFEP, added, “SV Labs and DMC are highly complementary manufacturing platforms, each with a strong reputation for their capabilities in natural formulations. We look forward to supporting Graham and his management team as they continue to build SV Labs as the manufacturing partner of choice for leading emerging and established brands.”
About SV Labs
SV Labs is a contract manufacturer of beauty and personal care products across multiple categories including effervescents, powders, hot pour and liquid filling. Since its founding decades ago, the company has been a leader in the clean beauty movement and has developed strong relationships with a diverse customer base ranging from emerging brands to multi-national CPG companies. SV Labs provides a host of turnkey services to its customers including concept creation, formula development, manufacturing, filling, quality assurance, labeling, packaging and fulfillment. The company has earned a reputation for its high levels of quality, innovation and responsiveness. For more information, please visit www.s-vlabs.com.
About San Francisco Equity Partners
San Francisco Equity Partners is a private equity firm exclusively focused on expansion-stage companies in the consumer sector. To each of its partner companies, SFEP serves as an extension of the management team and provides both extensive operating experience and a broad network of relationships across the consumer products landscape. For more information, please visit www.sfequitypartners.com.
Unitron Group B.V. | February 17, 2022
Aegis Software, a global provider of Manufacturing Operations Management Software (MOM/MES), announces that Unitron Group B.V. has selected the FactoryLogix IIoT-based MES solution for their factory in the Netherlands.With over 30 years of experience in manufacturing complex mechatronic and electronic equipment, Unitron is dedicated to creating life-science devices in areas including electrophysiology, optics, ventilators, and heating. With certification to ISO 13485 and Ordinance 169 and compliancy to FDA, Unitron specializes in efficient scalability from prototype to volume for the medical market, covering the European, American, and Japanese markets.
Producing more than 250 different products each year, Unitron’s goal was to implement a modern, IIoT platform-based Smart MES solution, replacing their older system that worked together with an in-house solution.
“In our highly regulated industry, it became essential to streamline our engineering operations, through the implementation of interactive electronic assembly documentation, as well as also providing holistic traceability, which demonstrates compliance, We found confidence in Aegis’ proven track record in the Medical market and strong customer base in Europe.”
-Mario Steel, Operations Manager at Unitron Group B.V.
As progress is made towards Industry 4.0, FactoryLogix works “out-of-the-box” to make the most out of data available on the shop-floor and within the enterprise, enabling Unitron to adapt and evolve operations very quickly, retaining focus on specific needs of their customers.
“We are proud to be working with Unitron, who are helping take global healthcare to the next level in this crucial medical sector. Now more than ever, excellent manufacturing operations, building products with outstanding quality and reliability, is critical to all of us.”
-Daniel Walls, Managing Director EMEA at Aegis Software
FactoryLogix is a holistic and modular IIoT-based Manufacturing Operations Management platform that delivers leading-edge technology with easily configurable modules to support and execute a discrete manufacturer’s strategy towards Industry 4.0. FactoryLogix manages the entire manufacturing lifecycle: from product launch to material logistics, through manufacturing execution and quality management to powerful analytics and real-time dashboards. This end-to-end platform helps companies accelerate product introductions, streamline processes, improve quality and traceability, reduce costs, and gain greater visibility for competitive advantage and profitability.
About Unitron Group B.V.
Headquartered in IJzendijke in The Netherlands, Unitron develops and produces high-quality life science devices, always focusing on innovation, quality, and flexibility. With more than 60 professionals, Unitron works on high-end life-science products that everyone can depend on and act as a sustainable partner for several major players in the medical field. Together with them, Unitron strives for the best possible care experience. For more information, please visit https://www.unitron.nl/en/.
About Aegis Software
Founded in 1997, Aegis Software uniquely delivers a comprehensive and flexible end-to-end manufacturing execution system (MES) platform giving manufacturers the speed, control, and visibility they require. Aegis has international sales and support offices in Germany, UK, and China, and partners with more than 37 manufacturing equipment suppliers. Since its inception, Aegis has been helping more than 2,200 factories across the military, aerospace, electronics, medical, and automotive industries, drive rapid and continuous innovation with the highest quality while reducing operational costs. Learn more by visiting https://www.aiscorp.com. Speed, Control and Visibility for Manufacturing.Note: FactoryLogix is a registered trademark of Aegis Industrial Software. All other company and product names contained herein are trademarks of the respective holders.
LEADERSHIP AND STRATEGY
Nivel Parts & Manufacturing Co | March 03, 2022
Nivel Parts & Manufacturing Co., LLC announced that it has acquired System 3 Off-Road, a leading UTV tire and wheel supplier. The purchase brings together Nivel's manufacturing, sourcing, and distribution capabilities with the highly respected System 3 brand of tires and wheels, as well as extensive design and engineering capabilities. System 3 products are distributed in partnership with Tucker Powersports.Nivel intends to continue growing the business with a seamless transition of System 3's talent, vendor relationships and distribution partnerships. Craig Petersen, founder and former owner, said "We are very excited to join the Nivel team; the transition is a great fit for System 3. Nivel's resources will position System 3 to further accelerate product innovation, brand strategy and strengthen distribution relationships."
Nivel recognizes the growth in the UTV market and understands the importance of a well-rounded product portfolio appealing to all UTV segments. Through the acquisition of System 3, Nivel expands into the UTV Tire & Wheel market with a well-recognized brand built on providing an excellent customer experience and high-quality products.
"We are thrilled to welcome System 3 into Nivel's family of brands. The System 3 team has proven their ability to leverage their experience, design talent, and engineering skills to bring best-in-class products to the market. We look forward to continue building on this success and delivering must-have products to our UTV enthusiast customers."
-Nivel CEO Brett Hankey
Founded in 1968, Nivel is a global manufacturer, distributor, and seller of aftermarket parts and accessories for vehicles in the Personal Transportation Vehicle (PTV), Utility Terrain Vehicle (UTV), Heavy Duty, and Automotive sectors. It is a trusted business partner to thousands of dealers, distributors, and consumers in the U.S. and international markets. Nivel owns the most valuable brands in the aftermarket niche vehicle parts and accessories categories: MadJax, Red Dot, GTW, Jake's, Reliance, Seizmik, Highlifter, and Falcon Ridge.
About System 3 Off-Road
System 3 Off-Road designs, develops, and manufactures high-quality radial tires and cast aluminum wheels for the UTV market. The System 3 brand has quickly become recognized as an industry leader in tire and wheel products for ATV/UTV replacement and high-performance applications. System 3 has raised the bar in product innovation, design and performance, earning preferred shelf space at Dealership's throughout US and Canada.