Industrial microwave and plasma technology acquired

08.2020: HQ Equita (Harald Quandt Group) acquires a majority stake in MUEGGE GmbH from MEYER BURGER TECHNOLOGY AG. MUEGGE is one of the leading manufacturers of industrial mission critical microwave components, systems and plasma sources in German-speaking Europe. Based in Reichelsheim, Germany, MUEGGE employs appr. 120 people and provides innovative solutions for a range of industrial applications including the production of food, artificial diamonds and semiconductor components, for drying processes, for chemical molecule extraction and for the production of hydrogen. The agreement is subject to customary closing conditions and must still be approved by the authorities in Germany.

Centum Capital provides this information as a market news, but has not been involved in the transaction.