Clessidra Private Equity SGR, one of the largest Italian private equity firms, announced the acquisition of MiCROTEC, from the Austrian GSS GmbH. Federico Giudiceandrea, founder and President at MiCROTEC, will retain his stake in the company and continue his crucial involvement in the company’s R&D strategy, shepherding the business through its next wave of innovation.
Since its foundation, MiCROTEC has secured its competitive edge thanks to a complete in-house development - conducted by a skilled team composed of more than 150 engineers - of all relevant key components and software solutions. Today, MiCROTEC is able to offer integrated scanning solutions for both the wood processing and the food quality control markets.
Over last decade, MiCROTEC’s expansion was pushed by the European core market, the ramp-up of the North American market and the addition of the service business. Globally, machine vision solutions continue to grow significantly across a series of end markets as clients tend to invest robustly in such solutions to improve their production processes and to achieve higher levels of efficiency, yield and quality.
The investment in MiCROTEC of Clessidra will support management’s ambitious growth plans, building upon MiCROTEC’s strong momentum. As part of the transaction, Federico Giudiceandrea will reinvest in the business, and remains instrumental, along with key senior managers, CEO Frank Jöst and CSO Arianna Giudiceandrea, in ensuring continuity for the company’s next phase of growth.
MiCROTEC is a global leader in innovative scanning solutions for the wood products industry.
