• Market Insights

Cleanroom Technology: Equipment Sector Snapshot

We are pleased to share our latest research, a Sector Snapshot Report on Cleanroom Technology.

This report is the second in a series of four, each focusing on a key sub-segment within the Cleanroom Technology sector: (1) Construction & Design, (2) Equipment, (3) Controls, Validation and Certification Services, and (4) Consumables.

With a focus on the Equipment sub-segment, the report covers the following topics and key points:

Purpose (Equipment):

  • Technology & components to set up and operate cleanrooms and controlled environments

Key Customers & Applications (across all sub-segments):

  • Biotech, pharma, medical devices, semiconductors, electronics, and food production

Market Size and Overall Growth Dynamics (across all sub-segments):

  • USD 7.6 bn market (2023) projected to grow to USD 14 bn by 2033 (= CAGR > 6%)

  • Biotech, pharma, medical devices, semiconductors & electronics being the main target industries driving growth

Products & Services (Equipment):

  • HVAC systems, filters, airflow equipment, biosafety cabinets, and cleanroom furniture among others

Market Structure (Equipment):

  • The market remains fragmented with numerous specialized and global players, though major companies like AAF, Taikisha, Mann+Hummel or Freudenberg, dominate, particularly in the filter segment

Selected Key Players (Equipment):

  • Diverse set of players ranging from slightly smaller and more focused players like SPETEC, KEK, or robatherm to bigger and more diversified players like camfil, AAF, Mann+Hummel or Freudenberg

Transaction Market Dynamics (Equipment):

  • Overall moderate activity in the past, however with a clear uptick in recent activity, especially in the US and Europe

  • Driven by increased focus and accelerated growth dynamics of the respective target industries, with a clear case for growing transaction activity and consolidation trends in Germany and broader Europe going forward

Please reach out to us if you would like to discuss the sector in more detail or would like to talk about specific transaction opportunities in the space!

Link zum Sector Snapshot (EN)

Christian Berkhoff

Managing Partner/Co-Founder

Christian Berkhoff is Managing Partner at ARGONAS und has more than 20 years of experience in Corporate Finance Advisory und Investment Banking. 

At ARGONAS, Christian leads M&A and financing projects across a broad spectrum of industries, sectors and company situations. Christian’s focus areas are businesses in the Industrial & Automotive and Business Services space as well as complex financing solutions and M&A situations. 

Selected transaction references comprise inter alia the sale of the Siemens subsidiary Symeo to US-listed Analog Devices, the sale of Tecno Plast to Swedish Indutrade Group in the context of a succession solution, the carve-out and sale of a business segment for the international Auria Solutions Group as well as multiple financing and M&A projects for Feuer powertrain. 

Prior to co-founding ARGONAS, Christian inter alia worked for J.P. Morgan in London and Dresdner Kleinwort Wasserstein in Frankfurt, where he predominantly advised multinational corporations and large midmarket companies on structured debt and hybrid capital solutions.

Christian holds a degree in business administration from Goethe-University Frankfurt and a Masters in Finance degree from London Business School.

 

 

Sascha Männel

MANAGING DIRECTOR/CO-FOUNDER

Sascha Männel is Managing Director at ARGONAS and has more than 15 years of experience in the areas of Corporate Finance Advisory and Investment Banking. 

At ARGONAS, Sascha is responsible for deal origination and market analysis and further supports M&A and financing projects across a wide range of industries, sectors and company situations. Sascha’s focus areas are businesses in the Industrial & Automotive, Engineering, Logistics and Packaging space as well as the support of growth companies and special situations. 

Selected transaction references comprise inter alia the sale of the automotive positioning and software specialist Naventik to the Swiss listed semiconductor manufacturer u-blox AG and the sale of vPool Logistics to the Dutch Faber Halbertsma Group (Pooling Partners / PAKI Logistics). 

Before co-founding ARGONAS, Sascha worked for Freitag & Co. in Frankfurt am Main from 2008 to 2009 and for IEG - Investment Banking in Berlin from 2009 to 2012, where he advised medium-sized companies and international groups on mid-market M&A transactions in Germany, Eastern Europe and Turkey. Previously, he worked for Berenberg Bank, E&Y, Freshfields and KPMG in Berlin and Hamburg. 

Sascha holds a degree in business administration at the Bonn-Rhein-Sieg University of Applied Sciences in Sankt Augustin, a degree in business law at the University of Applied Sciences Nordhessen as well an MSc in Global Banking and Finance at the European Business School London (EBS London).