FMA Group completed the acquistition of NOX Systems.

FMA Group, a mechanical parts provider, completed the acquistition of NOX Systems, a developer and manufacturer in the field of security technology. Financial terms were not disclosed. "The business model is complementary to FMA and allows a strategic further development from "manufacturing service provider of mechatronic assemblies" to "mechatronics group with own and third-party products" with a versatile engineering know-how. Due to the geographical proximity, we hope to mutually benefit from this corporate merger and increase joint growth," Erich Trinkler, FMA Managing Director.