Dürr Group completed the acquisition of BBS Automation from EQT for €480m.

Dürr Group, a global mechanical and plant engineering firm, completed the acquisition of BBS Automation, a premier global supplier of automated assembly and test services, from EQT Partners, a global private equity firm, for €480m. “With the acquisition of BBS Automation, we are continuing our growth path in industrial automation and forming a new powerhouse with leading technologies and global reach. The products and software offered by BBS Automation, Teamtechnik, and Hekuma complement each other perfectly. This enables us to provide customers all over the world with an even better range of services. The purchase is part of our strategy to expand our business activities in high-growth and high-margin industrial sector," Jochen Weyrauch, Dürr CEO.