ATX Hardware acquires Leitec Test Solutions
- Europe’s leading manufacturer of test fixtures, ATX, and Leitec will form a group with approximately 170 employees
- Both companies share a high standard with respect to quality, reliability and delivery service
- ATX and Leitec initially remain independent companies but will be brought together in the future
- Leitec’s Founder Rainer Kocher remains Managing Director, Co-shareholder and the key contact person for business partners
Pürgen / Holzgerlingen, May 18, 2021. ATX Hardware GmbH ("ATX") has acquired a majority stake in Leitec Solutions GmbH („Leitec“). By strategically joining forces, Europe’s leading manufacturer of test fixtures, ATX, and Leitec will form a group with approximately 170 employees.
ATX is a portfolio company of Harald Quandt Industriebeteiligungen GmbH ("HQIB") which has acquired a majority stake in the company in 2020.
The management teams of both companies remain unchanged and Rainer Kocher also remains Co-shareholder of Leitec. ATX and Leitec will closely cooperate on a strategic and operational level but initially remain independent. Due to the regional proximity of the operating sites in Weil im Schoenbuch and Holzgerlingen, the companies will be brought together in the future.
"The acquisition of Leitec is an important step in our growth strategy. We are optimistic about the future and are looking forward to working with Rainer Kocher and his team. Going forward, we are planning to further strengthen the areas of product innovations and best practices, particularly with regards to production processes which will help us to expand our leading position in Europe’s test fixture market", says Hans Drexler, Founder and Managing Director of ATX.
"We are excited to partner with ATX. Together, we can leverage an extensive network and a broad combined pool of resources which our customers will benefit from in the future. With ATX at our side, Leitec will remain a reliable partner for its customers offering high-quality test fixtures and other technical solutions", says Rainer Kocher, Founder and Managing Director of Leitec.
The parties have agreed not to disclose any details about the transaction.
ATX is Europe's market leader in the manufacture of test adapters for electronic test procedures. As a specialized solution provider, the company designs and manufactures customer-specific products in partially automated individual and small series production. Most of the devices are uniquely precision-engineered with varying degrees of complexity. Customers use the products for in-circuit, functional and final testing of electronic assemblies and printed circuit boards. ATX stands out from the competition in particular due to its high innovative strength and quality. As a company of the German ‘Mittelstand’, ATX employs approximately 150 people at two locations in Upper Bavaria (Pürgen) and Baden-Wuerttemberg (Weil im Schoenbuch). Further information can be found at www.atx-hardware.de
Leitec is a specialized provider of solutions in test equipment and PCB processing. The portfolio includes products and complete services which are tailored to the requirements and demands of customers. Product quality, creative knowledge and technical expertise are at the heart of Leitec’s philosophy. Leitec permanently strives to innovate and guarantee customer proximity. The company is based in Holzgerlingen (Baden-Wuerttemberg) and employs around 20 people. Leitec was founded in 2009. Further information can be found at www.leitec.info.
About Harald Quandt Industriebeteiligungen
Harald Quandt Industriebeteiligungen GmbH is the principal investment firm of the family Harald Quandt joined by a small, select number of (industrial) families and partners. HQIB invests in small and medium sized companies within the German-speaking region, that are leading in established and technologically sophisticated market niches with attractive growth potential. As an industrial holding company, HQIB pursues a long-term, sustainable investment approach and is not subject to any time restrictions or limited investment periods. Further information can be found at www.hq-ib.com
ATX Hardware GmbH
Hans Drexler | Managing Director | Am Kornfeld 8 | D-86932 Pürgen | +49 8196 9304 20 | www.atx-hardware.de
Leitec Test Solutions
Rainer Kocher | Managing Director | Robert-Bosch-Str. 2 | D-71088 Holzgerlingen | +49 7031 74600 | www.leitec.info.
Harald Quandt Industriebeteiligungen GmbH
Philipp Steinfeld | Director | Am Pilgerrain 17 | D-61352 Bad Homburg v.d. Höhe | +49 6172 59519-90 | www.hq-ib.com