Oerlikon acquires AC-Automation GmbH & Co. KG

Oerlikon announced the acquisition of Germany-based AC-Automation, an engineering company specializing in large-scale plant automation for textile and packaging industries. The 60 employees will join Oerlikon's Manmade Fibers Segment.

“The acquisition and integration of AC-Automation’s automation solutions will provide new opportunities for our manmade fiber business.”oerlikon.com

• 2 sources
• oerlikon.comAC-Automation Acquisition | OerlikonOerlikon GroupApr 13, 2018
• indiantextilejournal.comOerlikon, AC-Automation integration completed - Indian Textile JournalByMay 2, 2018

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