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Richmond Mercurio - The Philippine Star
November 29, 2025 | 12:00am
MANILA, Philippines — Ayala-led Integrated Micro-Electronics Inc. (IMI) is exiting VIA Optronics Holding AG, a provider of interactive display solutions for multiple end markets, after nearly a decade since taking a majority stake in the Germany-based company.
IMI, through its wholly owned subsidiary Coöperatief IMI Europe U.A., is selling its 50.32 percent stake in VIA Optronics to Kronen 3140 GmbH, which will be known in the future as V-PTR Beteiligungs GmbH.
IMI said that the parties have agreed to a consideration structure with both fixed and post-closing variable earn-out components.
An initial upfront cash payment of 250,000 euros will be made prior to closing of the deal.
“This strategic divestment is part of IMI’s portfolio realignment strategy which aims to sharpen the company’s focus on its core strengths in the automotive and industrial EMS sectors,” the company said.
IMI said the move also supports the optimization of its global footprint to concentrate capital and management allocation into high-growth and high-profitability markets.
VIA, for its part, is expected to benefit from the increased focus of a management-led ownership structure and greater flexibility to seek strategic partners that better align with the company’s long-term growth and profitability goals.
IMI said that VIA’s leadership team is well positioned to drive future innovation and adapt to the unique challenges of its market.
IMI acquired a 76 percent stake in VIA Optronics in 2016 for 47.4 million euros.
Last year, IMI said that VIA Optronics was navigating substantial challenges in its business environment.
To adapt to shifting market dynamics, IMI said that VIA implemented a series of restructuring initiatives aimed at realigning costs with current market conditions.
Such efforts included rightsizing overhead expenses, delisting from the New York Stock Exchange and scaling down the company’s overall footprint.
