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Announced

Union Park-backed Exaktera to acquire autoVimation.

Synopsis

Union Park-backed Exaktera, a manufacturer of critical illumination solutions, agreed to acquire autoVimation, a manufacturer of high-performance enclosures and mounting solutions. Financial terms were not disclosed. "Joining Exaktera is an exciting next chapter for autoVimation. With Exaktera's global platform and industrial vision expertise, we will be better positioned to scale our solutions and innovate faster. We look forward to working closely with the other Exaktera businesses to bring even greater value to our customers," Peter Neuhaus, autoVimation Founder and Managing Director.

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