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De Brauw has advised ASML Holding on the sale of its interest in Liteq

Client name
ASML Holding N.V. – seller

Other parties involved
Kulicke & Soffa Industries Inc.; Liteq B.V.

Nature of transaction
Liteq develops chip packaging machines that work on the basis of lithographic methods, a new way of packaging, enabling the chip industry to respond to the semiconductors always becoming smaller and thinner.

Liteq’s technologies were developed through close cooperation of several technology, financial and developmental organizations within the region including ASML Netherlands BV, Beltec Holding BV, the Brabant Development Agency (BOM), Sioux, Random Capital BV and Torrente BV.

Liteq is located in Eindhoven, the Netherlands, the heart of Europe’s Brainport Eindhoven. This innovative area offers a dense concentration of technology-centric customers, strategic suppliers and highly-skilled employees.

Kulicke & Soffa Industries, Inc. is a Singapore-based provider of semiconductor packaging and electronic assembly solutions. Its existing Netherlands facility, housing a workforce of over 200 employees is also based in Eindhoven.

Value of transaction
Undisclosed, but more than EUR 5 million

Date deal
7 July 2017

De Brauw involvement

Other advisors
Stibbe – advisor to the purchaser
Kennedy van der Laan – lead counsel acting for the joint sellers

De Brauw lead partner
Michael Schouten

Compliments of DeBrauw