Supporting Heicks Industrieelektronik GmbH in the sale of its shares

Loy & Co provided comprehensive support to the shareholder of Heicks Industrieelektronik GmbH in the sale of its shares to the Swiss company Variosystems AG (CAPVIS).

The Transaction

Variosystems, a Capvis portfolio company, has acquired 100% of the shares in the Heicks Group, a specialist in EMS for the aerospace industry. The acquisition strengthens Variosystems’ production expertise and expands its presence in Germany.

The Companies

Heicks Group

Founded in 1986 and headquartered in Geseke, North Rhine-Westphalia, the Heicks Group has established itself as a specialist in Electronic Manufacturing Services (EMS) with certified expertise for extreme requirements. The company is particularly active in the aerospace industry and is considered the market leader for Parylene coatings for electronic assemblies.

Variosystems AG

Variosystems AG, headquartered in Steinach, Switzerland, is a global service partner for electronic solutions. Founded in 1993, the company employs approximately 2,000 people worldwide at locations in Switzerland, the USA, Sri Lanka, China, Croatia, Romania, and Mexico. Variosystems covers the entire value chain, from development and procurement through industrialization and series production to lifecycle management. The technology company’s solutions are used in aerospace and medical technology, as well as in industrial applications and high-end consumer electronics products.