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Germany
,October 16, 2024
Exyte completes transaction to acquire Kinetics
Exyte, a global leader in the design, engineering, and delivery of high-tech facilities, has completed the acquisition of Kinetics Group. The transaction, announced in April 2024, closed on October 15, 2024, following receipt of all required regulatory approvals.
- Closing of transaction following the approval by all required regulatory bodies
- Acquisition of industry leader in installation services, equipment, and technical facility management
- The company serves high-tech industries such as semiconductor, biopharma, and batteries
- Further strengthening of Exyte’s Technology & Services business
"Through the acquisition of Kinetics, we are strengthening our capabilities and expanding our service offerings."
Exyte CEO Büchele
Kinetics is a globally recognized leader in installation services, equipment, and technical facility management. The company's expertise spans the biopharma, semiconductor, and high-tech industries, with operations across Asia, Europe, and North America. With the acquisition of Kinetics, Exyte significantly enhances the portfolio of its Technology & Services business area, reinforcing its position as a leader in high-tech facility solutions while also increasing its regional coverage.
“Through the acquisition of Kinetics, we are strengthening our capabilities and expanding our service offerings,” says Exyte CEO Dr. Wolfgang Büchele. “Kinetics is an ideal addition to Exyte, allowing us to capitalize on the ongoing investments in high-tech facilities. Together, we will leverage new opportunities and continue providing our clients with innovative solutions.”
With the transaction, Exyte also ventures into the field of technical facility management. Technical facility management services enable Exyte to extend its business activities beyond the engineering, planning, and construction phases, ensuring the continuity of its client relationships by offering services during operations.
Kinetics CEO Peter Maris adds: “Joining forces with Exyte provides Kinetics with a strategic partner committed to our sustained growth and excellence. Together, we will continue to serve our global clients with enhanced expertise and a broader range of high-tech solutions, ensuring ongoing success and innovation.”
Strategic expansion of Technology & Services
Kinetics will operate within Exyte’s business area Technology & Services, leveraging the combined strengths to foster innovation and growth. The business area consists of entities that provide cleanroom technology, installation services, and equipment for subsystems to their clients as well as off-site manufacturing (OSM). Exyte is currently pursuing its “Pathway to Ten” with the goal to achieve ten billion euros in sales by 2027. The business area Technology & Services is expected to contribute significantly to the company’s success in the coming years.
About Exyte
Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, the company serves clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of built complete solutions with the highest standards in safety and quality to its customers worldwide. Exyte creates a better future by enabling key industries to enhance the quality of modern life. In 2023, the company generated sales of €7.1 billion with around 9.900 employees worldwide. www.exyte.net
More information about Kinetics can be found on www.kinetics.net.
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Public Relations Manager
Samy Abdel Aal
For any further question or should you require additional information please feel free to contact:
Phone: +49 711 88044696
Mobil: +49 172 840 33 01
samy.abdelaal@exyte.net
Please understand that our press office can only answer questions from
journalists. Please refer to our general contact email for contacts on other
matters.
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November 26, 2024
Exyte Receives Micron’s Outstanding Supplier Performance Award
Exyte, a global leader in the design, engineering, and delivery of high-tech facilities, was presented with the Outstanding Supplier Performance Award in Supplier Diversity at the Micron Supplier Day 2024. The event, held in San Francisco, CA, USA, was attended by top-level management of Micron and its suppliers, including Exyte. This award highlights Exyte’s commitment to excellence in quality, innovation, and collaboration with Micron, a global leader in memory and storage solutions.
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November 5, 2024
Exyte completes acquisition of TTP Group
Exyte has successfully completed the acquisition of TTP Group (“TTP”). The transaction, announced in September 2024, has closed following the receipt of all required regulatory approvals. Exyte will combine TTP's operations with its own Biopharma and Life Sciences activities in Europe, aiming to establish an even stronger partnership with the rapidly growing European biotechnology and pharmaceutical sectors.
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October 17, 2024
Exyte launches new brand identity Exentec
Exyte today announced the new name and brand identity Exentec for its business area Technology & Services, a leading global provider of advanced cleanroom and production environment solutions. In the future, the business area and its associated subsidiaries and brands will operate globally under the name Exentec. As a member of the Exyte Group, Exentec is committed to supporting high-tech industries with innovative solutions in response to rapid growth and market demands. Starting from early 2025, Exentec will bring all aspects of the business area under one cohesive brand identity.
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October 16, 2024
Exyte completes acquisition of Kinetics
Exyte, a global leader in the design, engineering, and delivery of high-tech facilities, has completed the acquisition of Kinetics Group. The transaction, announced in April 2024, closed on October 15, 2024, following receipt of all required regulatory approvals.
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September 5, 2024
Exyte acquires TTP Group to accelerate growth of Biopharma and Life Sciences business
Exyte, a global leader in the design, engineering, and delivery of high-tech facilities, intends to acquire TTP Group (“TTP”), a leading firm in consulting and engineering for the pharmaceutical and chemical industry in Europe. TTP’s portfolio encompasses a wide range of engineering services, from feasibility studies, basic and detailed engineering, to construction management, as well as commissioning, qualification, and validation services. Exyte and the financial investor Robus Capital along with minority shareholders of TTP have signed the respective definite agreements. The purchase price has been agreed to remain confidential. The transaction is subject to the necessary regulatory approvals.
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June 12, 2024
Exyte to create up to 1,000 new jobs in USA high-tech facility industry
Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, is poised for a robust expansion trajectory in the USA. In line with its “follow-the-client” strategy, Exyte is ramping up its service and production network as well as its workforce in key strategic locations across the country. In the medium run, the company plans to create approximately 1,000 additional positions in the USA. With the official opening of its new regional office in Boise, Idaho, Exyte expands its national footprint to the Northwest.
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