Indian engineering services firm strengthens UK presence with tech acquisition

ASM Technologies, an Indian engineering services firm has acquired Warwick-based Semcon Engineering, which operates as a division of the Swedish company Semcon.

Bringing more than 30 years of experience in the semiconductor, hi-tech, and automotive sectors, ASM is looking to expand its UK transportation services thanks to Semcon’s clients in industries such as automotive/mobility, energy, and life sciences. The firm is aiming to scale up its transportation capabilities, as it transitions to new propulsion systems and ever-increasing levels of driver assistance and autonomy.

Represented by Robert Lee, a corporate partner at Wright Hassall in Leamington Spa, who specialises in mergers, acquisitions, and joint ventures.

Lee said: “This was an exciting international deal to work on which has been a long time in the making. For ASM, the deal represents a key part of its growth strategy, presenting tremendous opportunities to strengthen its UK and European presence. This inward investment into the UK is also a great show of strength in the automotive
industry in the West.”