Announced
Completed
Financials
Sources
Tags
Denmark
packing systems
automatic material handling
Acquisition
Domestic
Majority
Private
Completed
Friendly
Single Bidder
Machinery: Specialty
Synopsis
Qubiqa, a provider of automated packaging systems, completed the acquisition of CH System, a Danish robotics company. Financial terms were not disclosed. "We wish to continue two strong brands, both of which are currently very busy. Over time we will identify the obvious places where we can expand and grow by utilising the competencies we now share. We have some common areas with obvious synergies, possibilities and potential, e.g. in the supply chain. In addition, Qubiqa now get an entry into new markets and business areas where CH-System is active, such as the Food, PtX, and Pharma sectors. I see growth potential in the collaboration for both of us," Morten Lagoni Seeberg, Qubiqa CEO.
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