
Gimv acquires Europlasma
Belgian private equity firms Gimv and Yukon have acquired Europlasma, a Belgian developer of vacuum plasma treatment equipment.
Gimv has taken a majority stake in the company.
The firm's Gimv Arkiv Tech Fund II vehicle also took part in the transaction. The vehicle launched in 2011 in partnership with Flemish government investment programme Arkimedes. It holds €25m in capital, with €13m provided by Gimv and the balance by Arkimedes.
Europlasma will use the capital injection to expand internationally and bolster its research and development operations.
The company is believed to have previously had four shareholders, including founder Anthony Vanlandeghem and managing director Filip Legein.
Yukon is a Leuven-based private equity firm founded by Europlasma's managing director Legein. The firm invests in family-owned SMEs, typically providing around €1m in capital for a minority stake.
Company
Founded in 1993, Europlasma is headquartered in Oudenaarde with an additional office in Hong Kong. The company develops low-pressure, plasma-based coatings to design and create turnkey vacuum plasma treatment equipment.
Its products are designed to allow original equipment manufacturers to apply either liquid-repellent or liquid-attracting nano-coatings on 3D objects and textiles.
Europlasma's Nanofics brand is used for aeronautics, textiles and consumer electronics, such as smartphones and tablets.
A team of 25 staff work in Europlasma's main plant in Belgium.
People
Filip Legein is the managing director of Europlasma. Bart Cauberghe is a partner at Gimv.
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