Majority disposal of Xennia Technology Limited to TenCate
Xenia Technology Ltd is a Cambridge based leading specialist in the area of inkjet technology for the development of inks / coating fluids and related steering technology (software). The company owns a strong intellectual property portfolio and a number of key technology platforms for both inks / coating fluids and hardware.
Inkjet is increasingly being seen as more than just a printing technique. It can also be an accurate and precise deposition manufacturing tool, suited to produce a vast array of materials for various applications. Xennia’s customers include global “blue chip” companies, equipment companies, and high- tech innovative start ups.
Our Role
PEMCF acted as lead adviser to the shareholders of Xennia during the sale of the business to Royal Dutch TenCate, a Dutch quoted company.
What was Special
Xennia is a leading technology business and was marketed around the world by PEMCF with interest from Japan and the USA as well as Europe, where the ultimate buyer was found.
Management
Nick Balon
Alan Hudd
James Fox
Our Team
Lake Falconer
Tony Stairs
Nehal Patel
Deal Structure
75% of the equity of Xennia was sold to Netherlands based Royal Dutch TenCate with management and other investors retaining a stake in the new combined business.
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