Announced

Completed

Dürr Group completed the acquisition of Ingecal.

Synopsis

Dürr Group, a mechanical and plant engineering corporation specializing in automation and digitalization, completed the acquisition of Ingecal, custom machine designer and manufacturer that bring its expertise to provide specific technical and industrial equipment with roll to roll process. Financial terms were not disclosed. “Given the strong growth in electromobility and the trend toward decentralized energy storage, battery production technology is one of the Dürr Group's most important growth business fields. With Ingecal and LiCAP, we are offering our customers a comprehensive range of products for electrode production and are also well positioned in the future-oriented dry coating market. Ingecal and LiCAP are highly specialized partners with recognized expertise and an excellent reputation in the battery sector. Together we can perform even better – and this also goes for the construction of large coating systems for giga cell factories,” Jochen Weyrauch, Dürr CEO.

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