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Exyte Strengthens Global Position in High-Tech Facility Solutions with Acquisition of Kinetics Group

Exyte Strengthens Global Position in High-Tech Facility Solutions with Acquisition of Kinetics Group

April 16, 2024: Exyte, a global leader in high-tech facility solutions, has announced its acquisition of Kinetics Group, a renowned provider of installation services, equipment, and technical facility management. The acquisition, facilitated in collaboration with investment firm Quadriga Capital, underscores Exyte's strategic expansion into key industries such as biopharma and semiconductor.

By integrating Kinetics' expertise and portfolio into its own, Exyte reinforces its position as a premier provider of complex solutions for these sectors. The addition of technical facility management services broadens Exyte's offerings, enabling it to provide comprehensive support throughout the entire lifecycle of high-tech facilities.

Dr. Wolfgang Büchele, CEO of Exyte, emphasized the synergies between the two companies, highlighting their shared commitment to excellence and innovation. The move aligns with Exyte's vision to be the leading global partner for high-tech industries, leveraging emerging opportunities and delivering reliable solutions to clients worldwide.

Peter Maris, CEO of Kinetics, expressed enthusiasm about joining forces with Exyte, citing their shared standards of technical expertise and project execution. The combination of their strengths positions them to better serve clients and accelerate growth on a global scale.

Jorg Mugrauer, Managing Partner at Quadriga Capital, praised Kinetics' remarkable growth under their ownership and endorsed Exyte as the ideal partner to continue this trajectory.

The acquisition will see Kinetics operating within Exyte's Business Area Technology & Services (T&S), enhancing collaboration and innovation within the group. T&S, which has experienced robust growth in recent years, aims for further expansion and profitability with the addition of Kinetics' capabilities.

The acquisition represents a strategic move for Exyte, bolstering its position in key industries and reinforcing its commitment to delivering cutting-edge solutions to clients worldwide.

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