Sale of Xennia Technology

Xennia logo

PEMCF acted as lead adviser to the shareholders of Xennia during the sale of the business to Royal Dutch TenCate, a Dutch quoted company.

Company background

Xennia Technology Ltd is a Cambridge based leading specialist in the area of inkjet technology for the development of inks/coating fluids and related steering technology (software). The company owns a strong intellectual property portfolio and a number of key technology platforms for both inks/coating fluids and hardware.

Inkjet is increasingly being seen as more than just a printing technique. It can also be an accurate and precise deposition manufacturing tool, suited to produce a vast array of materials for various applications. Xennia’s customers include global blue chip companies, equipment companies, and high- tech innovative start ups.

What was special

Xennia is a leading technology business and was marketed around the world by PEMCF with interest from Japan and the USA as well as Europe, where the ultimate buyer was found.

Deal structure

75% of the equity of Xennia was sold to Netherlands based Royal Dutch TenCate with management and other investors retaining a stake in the new combined business.


Read the press release


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