Witec Group

Stadskanaal, Netherlands Founded: 1999 • Age: 27 yrs Acquired By Gimv
High-tech equipment and products are manufactured by Witec.

About Witec Group

Witec Group is an Industrial Goods & Manufacturing company based in Stadskanaal (Netherlands) founded in 1999 by Bernard Winkel, and was acquired by Gimv in April 2023. High-tech equipment and products are manufactured by Witec. It operates on a Professional Services and Direct-to-Consumer (D2C) model. Witec Group offers products and services including Development, Motion, Precision, and Medical. Its focus areas include Manufacturing, High-Tech Equipment, Precision Components and Healthcare. Its legal entity is Witec Holding.

Company details

Witec Group is involved in the design and manufacturing of high-tech equipment and high-end products. Specialized divisions are maintained for industrial product development, inductive components, precision mechanical parts, and medical instruments. Solutions are provided across sectors like healthcare and industrial manufacturing, focusing on innovation and quality in high-tech systems and components.

  • Headquarters Stadskanaal, Netherlands
  • Founders Bernard Winkel
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
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  • Website witec.nl
  • Social LinkedIn
  • Acquired by Gimv (Apr 2023)
  • Legal Name Witec Holding
Key Metrics

Products & Services of Witec Group

Witec Group offers a comprehensive portfolio of products and services, including Development, Motion, Precision, and Medical.

Development
Industrial Product Development

Industrial product development services are provided for clients.

Motion
High-Tech Systems

Inductive components and high-tech systems are manufactured here.

Precision
Precision Components

Fine mechanical parts and high-tech components are produced.

Medical
Medical Instruments

Medical instruments and implants are developed and manufactured.

Investors in Witec Group

Witec Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gimv.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm
1980gimv.comAntwerp, Belgium
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Investor details for Witec Group

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Witec Group

1 people are tracked at Witec Group (1 in leadership).

NameRoleGroup
Bernard Winkel
FounderLeadership
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Complete people profiles for Witec Group

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Witec Group

2 dated milestones of Witec Group across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Witec Group is founded.
  2. Exit Acquired by Gimv.
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Frequently Asked Questions about Witec Group

Witec Group was founded in 1999.

Witec Group is headquartered in Stadskanaal, Netherlands. It is registered at Stadskanaal, Groningen, Netherlands.

Witec Group is involved in the design and manufacturing of high-tech equipment and high-end products. Specialized divisions are maintained for industrial product development, inductive components, precision mechanical parts, and medical instruments. Solutions are provided across sectors like healthcare and industrial manufacturing, focusing on innovation and quality in high-tech systems and components.

Witec Group offers Development, Motion, Precision, and Medical.

Witec Group has 1 investor. Key investors include Gimv.

Witec Group operates through Witec Holding.

Yes. Witec Group was acquired by Gimv in April 2023.

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