Loading…

IDEC Corporation, a Japanese manufacturer of industrial automation products, entered into a stock purchase agreement to acquire 100% of Apem Group, a global HMI solutions manufacturer, for an enterprise value of €240 million. The deal was signed on December 14, 2016.
“On 14 December 2016 and pursuant to a two-month bilateral process, IDEC entered into a stock purchase agreement with ICG and APEM’s management team to acquire 100% of the share capital of APEM for an enterprise value of €240m.”dcadvisory.com
Summarized from public sources; check the original articles before acting on it.