Announced
Completed
Financials
Tags
Cross Border
Mechanical engineering
Private
Completed
Majority
Acquisition
Engineering Consulting
Germany
Friendly
Single Bidder
Private Equity
Synopsis
IMI, an engineering company, completed the acquisition of Bahr Modultechnik, a provider of highly configured modular electric linear motion systems, from IK Partners, a private equity firm, for $105m. “I would like to welcome Bahr and all its employees to IMI. With Bahr’s differentiated electric actuator capability, we have created a significant opportunity to enhance IMI’s current position in the Industrial Automation market," Roy Twite, IMI CEO.
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