RCL announces sale of Vanguard Automation to Mycronic

RCL acted as exclusive financial advisor to Vanguard Automation throughout the process.

Karlsruhe, Germany, April 2nd 2024 — Mycronic’s Global Technologies division has acquired Vanguard Automation (www.vanguard-automation.com), a company headquartered in Karlsruhe, Germany, which has developed a technology and automated equipment for 3D microfabrication of optical interconnects. In 2023 Vanguard Automation’s net sales amounted to EUR 5.2 million. The company has 26 employees.

Vanguard Automation’s area of expertise is adjacent to and complementing that of the die bonding business line in the Global Technologies division and the company’s technology enables future collaborative development with the die bonding business line. With this acquisition, Mycronic can offer a wider range of die bonding and optical packaging related solutions to its customers.

“Joining the Mycronic group marks a pivotal milestone for Vanguard Automation in its mission to deploy 3D nano-printing solutions in volume production for cutting-edge photonic devices. We are looking forward to joining forces with Mycronic’s Global Technologies division, enriching the offerings for our global customer base”, says Thorsten Mayer, CEO at Vanguard Automation

“Megatrends such as AI, cloud computing and augmented reality are boosting demand for computational power, leading to larger, more energy-intensive data centers. Vanguard Automation’s unique solutions will help speed up optical interconnects and cut energy consumption at the same time”, says Magnus Marthinsson, Sr VP Global Technologies at Mycronic.

About Vanguard Automation

Founded in 2018 and headquartered in Karlsruhe, Germany, Vanguard Automation has developed a technology and automated equipment for 3D microfabrication of optical interconnects.

About Mycronic

Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic’s headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Mexico, the Netherlands, Singapore, South Korea, United Kingdom, United States and Vietnam. Mycronic is listed on Nasdaq Stockholm.

About Renevo Capital

RCL is an international investment bank, headquartered in London with regional offices in Lisbon, San Francisco, Beijing and Shanghai, specialising in cross-border M&A and private capital advisory services for growth technology companies. The RCL team is composed of experienced investment bankers — a unique mix of former entrepreneurs, senior executives and finance professionals — who have started and led businesses to successful exit and have run publicly listed companies. With a professionally trained team of expert negotiators, leading deliberations alongside the world’s largest marquee-brand companies, RCL is committed to closing transactions that deliver maximum value and superior returns for its clients.

For more information, visit www.renevocap.com

Best Regards,

Mike Powell


RCL – London office