Announced

Completed

SCIO Automation completed the merger with Elektro Eggers.

Synopsis

SCIO Automation, a provider of advanced intralogistics and intelligent automation, completed the merger with Elektro Eggers, a technology company. Financial terms were not disclosed. “By acquiring Elektro Eggers, we are expanding our portfolio to include essential and highly specialized engineering and assembly services. This enables us to offer our customers in the Process Solutions business segment fully integrated automation solutions from a single source, significantly strengthening our market position. Elektro Eggers not only brings technological expertise, they can also draw on years of experience and a dedicated team. We look forward to working together and exploring opportunities for growth,” Michael Goepfarth, SCIO Automation CEO.

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