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Partial Management Buy-Out at ILT Fineworks

Transaction
General manager Reinier de Gelder acquired a majority of the shares in ILT Fineworks from its founder Paul Bant through a partial Management Buy-Out. Rembrandt Mergers & Acquisitions assisted both parties in realizing this transaction.


ILT Fineworks
ILT (Industrial Lader Technology) Fineworks was established in 1985 by Paul Bant and is active as a supplier of precision engineering markets, such as producers of medical equipment and semiconductor manufacturing, both within The Netherlands and abroad. The company produces both components and (sub-)assemblies using lasers. ILT Fineworks also offers the option of mechanical prototyping. The company is located in Enschede.

Reinier de Gelder had been working as general manager of ILT Fineworks for several years. This Management Buy-Out guarantees the independent and flexible character of the company and guarantees a suitable succession of founder Paul Bant.

More information is available at: www.ilt.nl.

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