Andra Tech Group prepares PPA for acquisition of Lemmens Metaalbewerking
The Andra Tech Group, a specialist in precision mechanical components and modules, engaged Match Plan to determine the value of various intangible assets. This valuation was essential for the accounting treatment of various acquisitions, in accordance with applicable annual reporting guidelines. Through a Purchase Price Allocation (PPA) The value of the intangible assets was determined, which is essential for correctly processing the acquisition of Lemmens Metaalbewerking in Andra Tech Group's financial records. This process ensures that Andra Tech Group has a clear overview of the impact of the acquisitions on the value of the company and its assets.
Strong foundation within Andra Tech Group
Lemmens Metaalbewerking is part of the Andra Tech Group, a group of companies focused on producing high-quality, precision mechanical components and modules. The companies within the group operate independently but are distinguished by the complexity, volume, and precision of the mechanical components they produce. Collaboration between the companies strengthens the group's collective potential, optimally leveraging economies of scale and shared expertise.
Thanks to the collaboration within the Andra Tech Group, Lemmens Metaalbewerking can further strengthen its market position. The group's combined knowledge and resources not only offer strategic advantages but also enable the companies to respond more quickly to market changes and integrate new technologies.
Specialist in precision production
Lemmens Metaalbewerking specializes in the production of components for clients in the medical sector, the semiconductor industry, and mechanical engineering for the food industry. The company has positioned itself as a specialist in larger milling work (3-, 4-, and 5-axis) and the finishing of complex welded assemblies. Lemmens is known for its unique product dimensions for milled and turned parts, its short lead times, and its uncompromising approach to manufacturing new components.
This approach is reinforced by the resources within the Andra Tech Group. Lemmens Metaalbewerking's products utilize the latest technologies, such as advanced CAM software and high-end machinery, and are manufactured using 3D measuring machines for quality assurance. This enables the company to consistently deliver high-quality results that meet the stringent requirements of the various sectors for which it produces. The strong internal collaboration within the Andra Tech Group allows Lemmens Metaalbewerking to leverage collective knowledge and economies of scale, allowing it to continuously improve its production capacities and market approach.
Collaboration with Match Plan
The valuation, The valuation, carried out by Match Plan, was a necessary step for Lemmens Metaalbewerking to integrate the acquisitions in a financially responsible manner. Through the detailed valuation, Lemmens Metaalbewerking not only achieved the accounting treatment of the acquisitions but also gained valuable insights into the impact of the intangible assets on the company's value. Richard Peeters, Director of Valuation, worked closely with the shareholders of the Andra Tech Group to ensure the acquisitions were properly processed and the valuation was accurate.
The collaboration with Match Plan was crucial, given the complexity of the process and the differing interests of the parties involved. Thanks to Match Plan's expertise in valuations and financial strategies, Lemmens Metaalbewerking was able to continue focusing on further expansion, while Match Plan ensured the necessary strategic and financial alignment. The result is a successful conclusion of this process, enabling Lemmens Metaalbewerking to strengthen its market position and realize new growth opportunities.
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