#Singapore #Manufacturing Growth #Novo Tellus #Grand Venture Technology

Novo Tellus Marks Successful Collaboration with Grand Venture Technology

Novo Tellus, a prominent private equity fund specializing in industrial and technology sectors, has declared the fruitful conclusion of its partnership with Grand Venture Technology (GVT). Established in March 2021, this collaboration aimed to significantly enhance GVT's manufacturing expertise and operational capacity, and it has indeed transformed the company into a leading supplier.

Over the past four years, the strategic investment of S$ 30 million at S$ 0.33 per share played a crucial role in funding extensive advancements in GVT's manufacturing capabilities. As a result, the company has witnessed substantial growth in earnings and equity, embodying the aspirations and mission of Novo Tellus: to build lasting businesses in the technology and industrial sectors.

By July 2025, GVT had become a pivotal player in the manufacturing landscape, providing products for top-notch global semiconductor equipment companies. Under the leadership of CEO Julian Ng, GVT opened new production facilities in Penang and successfully completed three mergers and acquisitions across Singapore, Malaysia, and China. This aggressive expansion strategy not only boosted the company’s market position but also enriched its resource pool with new talents and capabilities.

In late October 2025, a significant milestone was reached as GVT was acquired by Aalberts Advanced Mechatronics at S$ 0.94 per share. This acquisition signifies the end of a highly successful chapter for Novo Tellus and GVT but also opens up new horizons as GVT navigates its continued growth within Aalberts' pro-active global manufacturing strategy.

Reflecting on the partnership, CEO Juliann Ng expressed immense pride in what the management team, together with Novo Tellus, achieved: rapid growth, enhanced manufacturing technology, and an expanded global clientele. One noteworthy accolade during this partnership was GVT’s recognition as the ‘Best Supplier’ by LAM Research, underscoring the company's commitment to excellence and its robust standing in the semiconductor industry.

A cornerstone of GVT’s success has been its sophisticated manufacturing facilities equipped with top-tier technologies and a stringent quality management system, cementing its reputation among elite Original Equipment Manufacturers (OEMs) across various sectors including semiconductor, aerospace, and medical.

Loke Wai San, Managing Partner of Novo Tellus, praised the team at GVT, asserting that the partnership has set a solid foundation for GVT’s future growth. He noted the outstanding leadership exhibited by Julian Ng and CFO Robby Sucipto, who were honored with the prestigious CEO of the Year and CFO of the Year awards at the Singapore Corporate Awards 2025, validations of their remarkable achievements.

As GVT steps into this new era under Aalberts, it aims to leverage its established practices and successful strategies to further enhance its role in the global manufacturing domain. While Novo Tellus bids farewell to its partner, there is a sense of optimism as both entities will continue to thrive in their respective endeavors.

The collaboration between Novo Tellus and GVT stands as a significant example of how focused investment and strategic partnerships can enhance industry capabilities and pave the way for innovative leadership in global markets.

To seek more information about Grand Venture Technology, feel free to visit gvt.com.sg. Likewise, for insights about Novo Tellus, check out novotellus.com.