IDEC Corporation acquires APEM Group

IDEC Corporation entered into a definitive stock purchase agreement to acquire 100% of APEM Group from Intermediate Capital Group and management, creating a global HMI and industrial control powerhouse.

“IDEC Corporation has entered into a definitive stock purchase agreement to acquire 100% of APEM Group from Intermediate Capital Group (ICG) and the management team.”mynthcapital.com

• 3 sources
• mynthcapital.comAPEM GROUP acquired by IDEC CORPORATION - EV/EBITDAmynth contributorMar 1, 2017
• manufacturing.netIDEC Acquires Fellow Industrial Automation Supplier APEM | Manufacturing.netApr 10, 2017
• prweb.comIDEC Acquires APEMIDECApr 13, 2017

Summarized from public sources; check the original articles before acting on it.