Announced
Completed
Synopsis
MotionTech, an automation technology company, completed the acquisition of automation and conveyor system companies LAC Conveyors & Automation and Holloway Control Systems. Financial terms were not disclosed. “The addition of LAC and Holloway to our Group is not just an expansion of our capabilities, but a significant step towards realising our group vision to be a full service partner for customers in the automation market," Louise Ringström Grandinson, MotionTech CEO.
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