Meyer Burger has sold its inkjet printing business, located in Eindhoven, to Süss Microtec, headquartered in Münich. This means that by the end of February, when the deal is expected to close, about 30 people will have a new employer. The agreed-upon purchase price for the business with annual sales of approximately 7.4 million euros is roughly 4.6 million euros in cash.
Meyer Burger got hold of the Pixdro inkjet platform when it bought Roth & Rau in 2011, which in turn had acquired OTB in 2010 (links in Dutch). As the Meyer Burger Technology and Product Centre in Eindhoven, it caters to the electronics and semiconductor industries, but the Swiss want to focus on PV technology exclusively. Süss seems a good match, as the German company offers a portfolio of process solutions for the semiconductor industry and related markets.
“With this divestment, an optimal solution has been achieved for all parties. As part of Süss Microtec, the Pixdro technology has good prospects for growth,” explains Meyer Burger CEO Hans Brändle. “This transaction is a further step in Meyer Burger’s focus on a strategic PV business with our successful Heterojunction and Smartwire technologies, as well as on promising next-generation cell technologies,” Brändle continues.