- News
8 July 2014
Grünwald buys controlling stake in SEMSYSCO
Grünwald Equity Group of Grünwald, Germany (a group of long-term equity investors with experience in actively developing medium sized companies) has acquired a controlling interest in wet processing equipment maker SEMSYSCO Semiconductor Systems Corporation GmbH of Salzburg, Austria from The Thompson Group Inc of Kalispell, MT, USA.
“The investment by Grünwald Equity secures the company’s access to capital for supporting the growth of the existing portfolio as well as the planned expansion of products in the fields of advanced packaging and automotive power semiconductor applications,” says Herbert Ötzlinger, CEO and shareholder of SEMSYSCO.
“In the recent months we have been impressed both by the highly customer-oriented approach of SEMSYSCO and the responsive time-to-market for the company’s products,” comments Grünwald Equity’s managing partner Max Graf von Moy.
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