Nordian Capital acquires stake in MACH Technology Group
July 8, 2021 – Lexence has advised the shareholders of MACH Technology Group on the sale of the stake to Nordian. MACH Technology Group was created through the merger of CDS Electronics, HEAD Electronics, Azteco Electronics and MUCO Technologies. With over 250 employees MACH Technology Group offers its clients a unique combination of development and production of industrial electronics.
By having two production locations, MACH Technology Group is able to offer its customers maximum continuity through dual sourcing. The Group wishes to further grow both autonomously and through acquisitions. The goal for the coming years is to grow autonomously and through acquisitions. With Nordian as shareholder, the company gains financial strength and professional support to realize its ambitions and to accelerate professionalization.
