April
16, 2024: Exyte, a global leader in high-tech facility solutions, has announced
its acquisition of Kinetics Group, a renowned provider of installation
services, equipment, and technical facility management. The acquisition,
facilitated in collaboration with investment firm Quadriga Capital, underscores
Exyte's strategic expansion into key industries such as biopharma and
semiconductor.
By
integrating Kinetics' expertise and portfolio into its own, Exyte reinforces
its position as a premier provider of complex solutions for these sectors. The
addition of technical facility management services broadens Exyte's offerings,
enabling it to provide comprehensive support throughout the entire lifecycle of
high-tech facilities.
Dr.
Wolfgang Büchele, CEO of Exyte, emphasized the synergies between the two
companies, highlighting their shared commitment to excellence and innovation.
The move aligns with Exyte's vision to be the leading global partner for
high-tech industries, leveraging emerging opportunities and delivering reliable
solutions to clients worldwide.
Peter
Maris, CEO of Kinetics, expressed enthusiasm about joining forces with Exyte,
citing their shared standards of technical expertise and project execution. The
combination of their strengths positions them to better serve clients and
accelerate growth on a global scale.
Jorg
Mugrauer, Managing Partner at Quadriga Capital, praised Kinetics' remarkable
growth under their ownership and endorsed Exyte as the ideal partner to
continue this trajectory.
The
acquisition will see Kinetics operating within Exyte's Business Area Technology
& Services (T&S), enhancing collaboration and innovation within the
group. T&S, which has experienced robust growth in recent years, aims for
further expansion and profitability with the addition of Kinetics'
capabilities.
The
acquisition represents a strategic move for Exyte, bolstering its position in
key industries and reinforcing its commitment to delivering cutting-edge
solutions to clients worldwide.