Castik — backed Andra Tech Group agrees to buy Lucassen Precision Asia in Vietnam

Andra Tech Group agreed to acquire Lucassen Precision Asia, a precision machining manufacturer based in Ho Chi Minh City, Vietnam. The deal marks Andra Tech’s first acquisition in Asia, adding a local footprint to serve regional high-tech demand. Lucassen Precision Asia, founded in 2012, makes high-precision mechanical components for sectors including semiconductors, electronics, and medical technology. Managing Director Mai Việt Cường will continue to lead the business following completion. The transaction aligns with Andra Tech’s international expansion backed by majority shareholder Castik Capital. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Castik Capital SARL published the original content used to generate this news brief on September 18, 2026, and is solely responsible for the information contained therein. (C)