MUNICH — Katek SE has signed a purchase agreement with the owners of Nextek Inc. to acquire all shares in the company, with the closing of the sale expected in the first quarter of 2023.

Nextek is a US-based supplier of high-tech and high-value electronics located in Madison, AL, and the agreement to acquire the company is Katek's second transaction in North America this year after the acquisition of the Canadian SigmaPoint Technologies Inc. earlier this August.

According to a release from Katek, the acquisition is meant to expand the group's presence in North America and strengthen its access in the fast-growing Homeland Security & Defense, Medical, Energy, Highend Industrial and Aerospace sectors, which are new to Katek. Nextek generated profitable annual sales of $37 million last fiscal year with approximately 170 employees.

"This new member of the KATEK family ideally complements the acquisition of Canadian SigmaPoint, which was completed only in August, as a high-volume supplier of complex electronics. Both companies benefit from the strong reshoring trend in North America, which is currently massively accelerated by the current economic and geopolitical tensions," said Rainer Koppitz, CEO and co-founder of Katek.

In addition to quick turn prototyping, Nextek offers sophisticated electronic assembly manufacturing, complete device manufacturing (box built) as well as analytical engineering, product engineering and comprehensive test services for customers in the high-tech sector.

In addition to the usual ISO 9001, Nextek also holds certifications in the fields of aerospace (AS 9100D), medical technology (ISO 13485) and military technology (ITAR). The company has unique laboratory capabilities for testing materials and ensuring the quality required in critical applications.

John Roberts, Nextek’s long-time CEO, will continue to run the site unchanged with his management team.

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