Quadriga sells Alicona Imaging to Bruker

No terms were disclosed, and the transaction is still subject to customary merger control approval.

Bruker is a US-based maker of scientific instruments, listed on Nasdaq with a $5bn market cap. It highlighted that Alicona's technology and products would be complementary to its existing range, while Alicona stated it would be able to tap Bruker's extensive distribution network as part of the merger.

Quadriga acquired a majority stake in Alicona in 2015. The private equity firm stated at the time that it intended to implement an internationalisation strategy. No financial details surrounding the deal were released.

Quadriga mandated Alantra to run the sale process, which was geared towards international strategic acquirers.

Company
Founded in 2001, Alicona manufactures optical 3D surface metrology systems for quality assurance purposes. Its technology is used to develop products and processes in the machine tool industry and for medical technology, forensic science and microelectronics. The Graz-based company also operates in Germany, France, the UK, the US, South Korea and Italy.

People
Quadriga Capital – Philipp Jacobi (managing partner).

Advisers
Equity – Alantra (corporate finance).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• DACH
• Industrials
• Germany
• Quadriga Capital
• Trade sale