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Stek advises Tempress in its acquisition of SoLayTec

Lawyers:
Jasper Stek
Ruben Elkerbout
Eva van Hees

Tempress Group Holding BV has acquired a majority ownership interest in SoLayTec BV. from Rena GmbH. Tempress is a wholly-owned subsidiary of Amtech Systems, Inc. (NASDAQ: ASYS) and manufactures systems for the production of solar panels and semiconductors. SoLayTec is a spin-off from Dutch research organization TNO and produces machines for atomic layer deposition (ALD) equipment which is used in the production of solar cells. TNO will remain a minority shareholder together with a high tech fund of regional development agency Brabantse Ontwikkelings Maatschappij (BOM). Please click here for Amtech’s press release.