Quadriga acquired majority stakes in VESCON and Schiller Automatisierungstechnik.

Quadriga Capital, a private equity firm, acquired majority stakes in VESCON and Schiller Automatisierungstechnik, two Germany-based providers of industrial automation solutions and related services. Financial terms were not disclosed. Both VESCON and Schiller Automatisierungstechnik serve a diverse range of international blue-chip customers and are leading automation specialists with a particular focus on automobile chassis assembly, lighting and actuator technology as well as automated material handling and intralogistics solutions. The new platform aims to leverage its strong market position to meet the increasing demands of the industrial and automotive sectors with long-term approved and high-quality concepts along with newly-developed innovations.