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PIA Automation Holding GmbH has completed the acquisition of M&R Automation GmbH, creating a global automation specialist with around 1,100 employees and expected 2017 sales of over €220 million. The combined entity will operate under the PIA Automation brand.
“The partnership between Preh IMA Automation and M&R Automation has created a global automation specialist that will be one of the top 5 players on the global market.”preh.com
Summarized from public sources; check the original articles before acting on it.