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Completed
Synopsis
Systematic Growth-backed MotionTech, an intralogistics and warehouse automation company, completed the acquisition of Unitech, an Italian manufacturer specializing in automated end-of-line packaging systems. Financial terms were not disclosed. “The addition of Unitech to our Group supports our long-term ambition to be a full-service automation partner. With their technical expertise and strong customer relationships, Unitech fits perfectly into our vision and strengthens our offering in the packaging segment,” Louise Ringström Grandinson, MotionTech CEO.
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