HQ Pack Group Acquires Meilink’s Semiconductor Operations

HQ Pack Group, backed by NPM Capital, has completed the acquisition of Meilink’s semiconductor operations, a strategic move aimed at bolstering its portfolio in high-tech packaging solutions. The acquisition, which encompasses four locations in Eindhoven and Schijndel and involves around 180 employees, was finalized shortly before Christmas. However, the deal is still pending approval from the Authority for Consumers and Markets (ACM).

Both HQ Pack and Meilink are recognized for their expertise in high-tech packaging solutions, catering to major clients such as chip machine manufacturer ASML. In this industry, preventing damage or contamination during packaging is critical, as even a single dust particle can lead to significant losses during transport. To mitigate these risks, both companies maintain clean rooms—sterile environments where components for clients like ASML and Philips are meticulously cleaned and packaged.

This acquisition marks a significant divestment for Meilink, which will continue to operate independently at its other locations in Borculo, Boxmeer, Edam, Raamsdonksveer, and Rotterdam. Dennis Groesbeek, CEO of Meilink, stated, “This goes beyond Brainport. We’re giving our people a future with a reputable company while also making room for international growth.”

HQ Pack, with a presence in the Netherlands, Germany, Singapore, Malaysia, and the United States, is a global supplier of packaging solutions tailored for the high-tech industry. The acquisition is expected to enhance HQ Pack’s position within the semiconductor supply chain and aligns with NPM Capital’s broader growth strategy.

As the integration process begins, HQ Pack aims to leverage Meilink’s technology to innovate new packaging solutions and expand its market reach. The deal is anticipated to create synergies through cross-selling opportunities and improved operational efficiencies. However, challenges such as cultural alignment and the retention of key talent from Meilink will need to be addressed.

Looking ahead, the acquisition is expected to significantly increase HQ Pack’s market share in the packaging sector, potentially opening doors to new regional markets where Meilink has established a presence. The integration of production facilities and sharing of best practices will further enhance operational efficiency.