Castik Capital acquires a majority stake in Andra Tech Group

Castik Capital S.à r.l., a European private equity firm, has acquired a majority stake in Andra Tech Group, a group of nine high-tech precision parts manufacturers. Equistone and management will remain minority shareholders in the business.

Established in 1973, the Netherlands-based Andra Tech Group specialises in producing precision mechanical components. With a workforce of over 700 employees across 11 facilities, Andra Tech Group caters to sectors like semiconductors, aerospace and automotive. Its expertise lies in handling complex materials and technologies, including 3D metal printing. The companies within the Group manufacture prototypes, precision parts and large-scale products, and they are often involved in the entire product life cycle.

Houthoff advised Castik Capital on the acquisition. The team, led by Alexander Kaarls, included Erik Teijgeler, Josephine de Bok, Anne Steinbusch, Michelle Steinebach, Paul de Vries and Marijn van Horen.