Alder invests in Microbas Precision AB, a leading provider of customized high precision components
Stockholm - September 5th, 2024 - Alder, a Nordic investment fund focusing on the development of sustainable companies, has closed an investment in Microbas Precision AB ("Microbas" or the "Company"). Alder will become the majority owner of Microbas and will partner with management to continue its growth journey.
Headquartered in Hässleholm, Sweden, Microbas is an industry leader and pioneer in manufacturing niche high precision components in glass ceramics, optical glass, metals, granite and other bespoke materials demanded in, among others, the high-growth global semiconductor, cleantech, display, space, and optics industries. The company serves as a single-source supplier to several global market leaders within these customer segments and has built deeply integrated, long-term relationships with leading international equipment providers from the Nordics, the Netherlands, Germany, France and the US.
Key investment attractions include Microbas' strong track record and market position in sectors fuelled by several underlying megatrends including the green transition, digitalization and deep space exploration. Additionally, Microbas' established position as an enabler of the green transition through offering the precision required for innovation, reduced waste and improved energy efficiency in cleantech and other sectors, aligns well with Alder's mission of creating a more sustainable planet.
As the new majority owner, Alder will provide capital, expertise, and support to enable Microbas to continue its growth trajectory through geographic expansion and further development of the company's capabilities to meet both existing and emerging customer demands.
"We are very excited to announce Alder's investment into Microbas, a company with an impressive historical track record as well as future growth trajectory. With its established strong market position and high level of customer satisfaction, it is well positioned to capture many organic as well as inorganic growth opportunities going forward while further cementing its role as an enabler of the green transition"
says Elise Fahlén, Investment Director at Alder
"We are thrilled to partner with Alder in this next phase of Microbas' growth journey. With their support and expertise, we are well-positioned to expand our capabilities and continue to innovate in the high precision component sector. Together, we aim to meet the increasing demands of our customers and further our contribution to industries that are shaping a more sustainable future"
says Magnus Lindvall, CEO and shareholder of Microbas
For more information, please contact:
Elise Fahlén
Investment Director at Alder
Tel. +46 704 41 88 79
elise.fahlen@alder.se
Magnus Lindvall
CEO of Microbas Precision
Tel. +46 708 33 52 06
magnus.lindvall@microbas.se
About Microbas Precision
Microbas, established in 1958 and headquartered in Hässleholm, is an industry leader and pioneer offering precision machining, precision lapping and highly customized components in diabase, glass ceramics, optical glass, metals, granite and other bespoke materials required in the high-growth global semiconductor, green-tech, display, space, optics and high-tech industries.
For more information, visit microbas.se
About Alder
Alder is a Nordic investment fund with the goal of creating the best possible conditions for long-term development of sustainable technology and services companies. With a mix of industrial and financial expertise and with the interest in entrepreneurship as a driving force, Alder creates profitable growth in close companionship with our companies.