# Modig acquires LiCON to strengthen machining capabilities

Modig Machine Tool, headquartered in Kalmar, Sweden, has acquired LiCON, a German manufacturer of high-performance machining systems.

- Type: Acquisition
- Announced: 2026-02-17
- Where: Germany
- Status: announced
- Products: high-performance machining systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Modig Machine Tool](https://endata.com/companies/16330.md) (acquirer)
- [LiCON](https://endata.com/companies/75338.md) (target)
- [LiCon (Licon MT)](https://endata.com/companies/90601.md) (target)

## Sources

- [themachinemaker.com](https://themachinemaker.com/news/modig-acquires-licon-to-strengthen-global-machining-capabilities/), 2026-02-17: "MODIG Machine Tool, headquartered in Kalmar, Sweden, has announced the strategic acquisition of LiCON, a respected German manufacturer known for its high-performance machining systems."
- [zerspanungstechnik.com](https://www.zerspanungstechnik.com/bericht/hsc-bearbeitungszentren/modig-expandiert-durch-die-uebernahme-von-licon_2026-03-02), 2026-03-02: "Diese Übernahme ist ein wichtiger Meilenstein für das Unternehmen und spiegelt unser Engagement für langfristiges Wachstum, Innovation und Zusammenarbeit wider."

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