Trymax Signs Strategic Financial Partnership with NIBC Bank
Trymax Semiconductor Equipment BV (Trymax), a global supplier of plasma-based equipment and solutions for semiconductor manufacturers, has announced NIBC Bank as a new strategic financial partner. This partnership will enable Trymax to accelerate new technology developments and scale up its manufacturing capacity. The Dutch merchant bank is providing growth capital via a minority equity position next to the management shareholders.
Over the last years, Trymax succeeded to significantly grow its revenue and gain market share in the plasma-based equipment market. Trymax decided to join forces with NIBC Bank to support its growth strategy. The partnership also provides financial robustness in this capital intensive industry.
Leo Meijer, CEO and co-founder of Trymax “In the last 10 years, Trymax grew from a small to a solid medium-sized company with global offices and multiple large customers around the globe. To take the company to the next level and achieve our growth ambition, we are happy to join forces with NIBC Bank to strengthen our company. We share a common ambition, vision and similar values”.
Frans van der Harst, Managing Director NIBC Mezzanine & Equity Partners “With mezzanine and equity solutions we support successful companies in realizing their growth ambitions. We believe in the strategy and management team of Trymax and are looking forward to support this entrepreneurial company to reach the next level. The investment in Trymax underscores NIBC’s commitment to the Technology Sector and more specifically High-Tech Industry”.
The partnership between the companies is effective since March 15th, 2019 and has been a collaboration involving Trymax, NIBC Bank, and Oreijs Capital & Management.