AAE acquires precision manufacturer Setsu
Dutch industrial group AAE announced its acquisition of Setsu Precision Technology on 2 November . Based in Malaysia's Klang Valley, Setsu supplies precision components to sectors including semiconductors, industrial automation and advanced machinery.
AAE states that Setsu immediately becomes part of its group. It also plans to develop regional capabilities and move to a facility of approximately 10,000 square metres . The announcement did not specify the acquisition price or percentage acquired.
PCA'S PERSPECTIVE
For industrial buyers, an acquisition can accelerate access to technical skills, qualified production processes and local supply chains. Due diligence should establish how much of the target's value depends on individual customers, specialist employees or equipment requiring further investment. Sellers should be prepared to substantiate these capabilities before negotiations begin.