Andra Tech Group completes acquisition of German Innotec with PPA
The Andra Tech Group, active in precision mechanical components and modules, has engaged Match Plan to value intangible assets in connection with the acquisition of Innotec Zerspanungstechnik GmbH. The valuation, carried out via a Purchase Price Allocation (PPA), took place in accordance with applicable reporting guidelines and was necessary for the correct processing of the acquisition in the financial administration. The PPA also provided valuable insight into the strategic impact of the transaction.
German specialist strengthens European portfolio
Innotec, based in Sinsheim, Germany, specializes in the production of precision mechanical components for high-tech sectors such as medical, optics, and automation. With a team of approximately 65 employees, the company has been delivering customized solutions with high technical accuracy since 1998. Joining the Andra Tech Group provides Innotec with access to shared knowledge, economies of scale, and support for international growth, while Andra strengthens its position in Germany.
Stronger together in innovation and customization
The integration of Innotec strengthens the group's combined capabilities in R&D, process optimization, and customized product development. This allows the group to better respond to trends and technological developments in demanding sectors such as semiconductors and medical technology. This acquisition contributes to Andra's ambition to expand its role as a leading player in precision engineering solutions in Europe.
Match Plan as a permanent PPA partner
The valuation was led by Richard Peeters, Director of Valuation at Match Plan. Match Plan has a long-standing partnership with Andra Tech Group and has prepared PPAs for several acquisitions within the group in recent years. Thanks to their in-depth knowledge and extensive experience with international acquisitions, Match Plan was once again able to deliver an accurate and well-substantiated valuation. This provides Andra Tech Group with a solid financial foundation for responsible integration, transparent reporting, and a strong starting position for further international growth and future strategic investments.
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