Aquin Advises:
On The Sale To:
Key Terms
| > | Effective October 31, 2025, LIFCO AB (»Lifco«) announced the acquisition of a majority stake in HEGUtechnik GmbH (»HEGUtechnik«) from Matthias Wüst, Managing Director and owner of HEGUtechnik. |
| > | Aquin acted as the sole M&A advisor for the selling shareholder. |
Strategic Logic
| > | To further develop HEGUtechnik over the long term and ensure a lasting entrepreneurial succession, Mr. Wüst has found a strategic and responsible partner in Lifco. HEGUtechnik will remain an independent company within the Lifco Group. |
| > | Lifco will support HEGUtechnik in further expanding its strong market profile in the production of highly complex, small-volume electronic components, strengthening the organization, and selectively expanding its international footprint — always with a focus on the proven premium niche positioning and the continuation of successful partnerships with existing customers. |
| > | At the same time, HEGUtechnik will benefit from access to Lifco’s broad network and many years of experience in industrial manufacturing from comparable companies. |
HEGUTECHNIK
| > | HEGUtechnik, headquartered in Oberasbach (GER), is a specialized manufacturing service provider for ultra-small-volume production of complex electronic components. |
| > | The company develops and manufactures customer-specific components for safety-critical niche applications and offers a wide range of in-house manufacturing technologies – from potting and coating to metal and plastic processing, assembly, and testing. |
| > | HEGUtechnik supplies global industry leaders across the automation, medical, and measurement technology industries. A major part of the company’s portfolio consists of ruggedized automation and control components designed to perform reliably in the most demanding environments. |
LIFCO
| > | Lifco is a Swedish industrial group with around EUR 2.4 billion in revenue and approximately 7,300 employees. The company is listed on Nasdaq Stockholm. The majority of the shares is owned by its founder and entrepreneur Carl Bennet. |
| > | Consisting of 150 operating companies in 34 countries, Lifco pursues a long- term investment philosophy, i.e. does not sell its companies again, and invests in profitable niche companies that are further developed independently. |
| > | The Group, a highly decentralized organisation, places great value on sustainable value creation and on retaining know-how at the local sites. With this approach, Lifco is a reliable, long-term-oriented partner that preserves the character of successful family-owned companies while fostering sustainable growth. |