# INDEVA acquires majority stakes in Ergomatic India and SysDesign

INDEVA acquired majority stakes in Ergomatic India and SysDesign, strengthening its position in robotic automation and material handling. The SysDesign acquisition closed on 2024-03-01.

- Type: Acquisition
- Announced: 2024-03-05
- Status: completed
- Products: material handling equipment, robotic automation
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [INDEVA](https://endata.com/companies/18890.md) (acquirer)
- [SysDesign](https://endata.com/companies/76081.md) (target)
- [Ergomatic India](https://endata.com/companies/86863.md) (target)

## Sources

- [distillintelligence.com](https://www.distillintelligence.com/news/scaglia-indeva), 2025-08-27: "The acquisition strengthens INDEVA's position in robotic automation and integrates SysDesign's products and expertise."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.