DPE acquires majority stake in Sill Optics from PINOVA

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Funds advised by Deutsche Private Equity DPE have acquired a majority stake in Sill Optics GmbH & Co. KG, Wendelstein.

The previous owners are funds advised by PINOVA Capital GmbH as well as CEO Christoph Sieber, who remains a major shareholder under DPE together with CFO Benjamin Sauter. The seller and buyer have agreed not to disclose the purchase price of the transaction.

Sill Optics is a leading manufacturer of precision optics used in laser material processing, additive manufacturing, medical technology and accompanying chip manufacturing processes, among others. With its products and solutions, Sill Optics serves promising markets and contributes decisively to the functionality and precision of the customer's system, whether through the precise focusing of laser beams in additive manufacturing, telecentric lenses in optical quality control or special microscopy optics. From customer-specific development to prototyping and series production, Sill Optics is a reliable partner for well-known OEMs in its target markets. In addition to high-quality products, Sill Optics has earned an excellent reputation in the market through high customer orientation and first-class service. With around 250 employees, Sill Optics develops and manufactures in Wendelstein. 

PINOVA took over Sill Optics from its former owners in 2019 and successfully developed it further. Under the leadership of Christoph Sieber, investments in recent years have included coating and cleanroom technology, and the management team has been broadened to equip Sill Optics for further growth. 

"Together with Pinova Capital, we have been able to significantly strengthen the market position of Sill Optics in recent years and significantly expand our market leadership. With DPE, we have found an experienced partner with whom we will continue to drive our international growth strategy and technology development," said Christoph Sieber, CEO of Sill Optics.

Herbert Seggewiß, partner at PINOVA, stated, "In recent years, Sill Optics has been able to develop significantly in terms of more modern production processes, reorganization of the entire company and expansion of sales, so that the company is very well positioned for the next growth step."

"Optical components and systems are used in a wide range of rapidly growing applications. We are pleased to support Sill Optics, a strong player in this attractive market, on its further growth path," said Fabian Rücker, Partner at DPE.

PINOVA was advised by King & Wood Mallesons (Legal), Crowe BPG (Financial) and HLB Hußmann (Tax). DPE was advised by Cowen (Debt Advisory), Ebner Stolz Hamburg (Financial and Tax Due Diligence), Latham (Financing), Noerr (Legal), PWC (ESG), Pöllath + Partners (Structuring) and strategy& (Commercial Due Diligence).