Komax acquires Exmore.

Komax, wire processing machines manufacturer, acquires Exmore and extends its technology leadership. Financial terms were not disclosed. Exmore has extensive experience in the development of customer-specific solutions for processing sensor cables. By acquiring Exmore, Komax is strengthening its position in this increasingly important market. With the advent of au- tonomous vehicles, the number of sensor cables will continue to increase, thus driving the demand for solutions for automated processing. “I’m delighted that the acquisition by Komax will enable my employees to continue working in a Group that ac- cords top priority to innovation. There’s no doubt that joining forces will make us even stronger.” Matijas Meyer, CEO of the Komax Group