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Announced

Completed

Qubiqa completed the acquisition of CH System.

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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Denmark

packing systems

automatic material handling

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Machinery: Specialty

Synopsis

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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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