Announced
Completed
Financials
Sources
Tags
machinery parts
Machinery: Industrial
Acquisition
Private
Completed
Single Bidder
Switzerland
Domestic
Majority
Friendly
Synopsis
Gebrüder Meier, a company that specializes in appliances, electrical, and electronics manufacturing services, completed the acquisition of UIKER Antriebstechnik, a machinery parts manufacturer. Financial terms were not disclosed. Gebrüder Meier is a Swiss service provider for electrical machines and mechanical problem solutions. The company’s SAP landscape comprised two systems hosted and operated on its in-house servers. As its server hardware approached the end of its lifecycle, the company needed to plan for a new solution. Its strategy was to migrate its SAP ERP to the cloud, but it needed a project partner with extensive cloud experience.
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