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New Deal


Announced

SCIO Automation to acquire Modumaq.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

intralogistics solutions

Acquisition

Friendly

Cross Border

Single Bidder

Spain

Private

Third Party Logistics (3PL)

Synopsis

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SCIO Automation, an automation company in Frankenthal, Germany, agreed to acquire Modumaq, a Spanish automation specialist. Financial terms were not disclosed. "From the very beginning, we set ourselves the goal of not only expanding our portfolio of services, but also growing and further strengthening our market position. Modumaq already has a very successful foothold in the South American market, as well as Spain, and from a group perspective, this gives us the opportunity to expand our customer base in these regions," Michael Goepfarth, SCIO CEO.

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