ROHRBACH, GERMANY -- SERO GmbH has acquired Solid Semecs BV in a deal that was consummated on Apr. 30 but is retroactive effect to Jan. 1.

Financial terms were not disclosed, but Semecs shareholder Rademaker Beheer has been bought out as part of the deal.

The move is part of a SERO's international expansion and growth strategy.

SERO specializes in high-volume manufacturing for automotive and industrial customers. Automotive makes up 85% of the company's sales. The company employs 300, primarily in Germany, and has annual sales topping €80 million. Semecs focuses on medium-volume and manual activities, and has ISO 13485 (medical) and IATF 16949 certifications. Semecs generates 85% of sales in the industrial and medical sectors and 15% in the automotive industry. It has an engineering center in the Netherlands and production in Slovakia. Semecs has annual sales of approximately €70 million and about 460 employees.

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