New investment puts Sentech on path toward internationalization

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Smile Invest has taken a majority stake in Sentech. This will enable the sensor specialist from Nieuwkuijk to realize its growth ambitions and long-term goals. Smile Invest was selected after exploratory talks with several financial partners last year. Commercial director Marco Leeggangers and operational director Hermen Kobus will take on the daily management of Sentech as a two-man board. Founder Marcel Figge will be overseeing strategic long-term projects.

To realize its growth ambitions and long-term goals, Sentech is joining forces with Smile Invest. Credit: Sentech

Sentech specializes in the design and assembly of custom sensor solutions. Founded in 2000, the company now has more than sixty employees. Its products find their way worldwide in applications within the semiconductor, automotive, healthcare and agricultural industries. With the emergence of innovations such as self-driving vehicles, the internet of things and artificial intelligence, the sensor market is expected to continue to grow strongly in the coming years.

Figge: “With Smile Invest, we’re bringing on board a partner that not only has the necessary network, capital and technical knowledge, but also 100 percent fits our vision of creating long-term value for our customers in a transparent way. The arrival of Smile in the shareholder structure comes at a time when we’re ready for the next big step. We’ll use the new resources and knowledge to invest in building a solid footprint outside the Netherlands and to further professionalize the operational facilities.”