# Addtech acquires 80% of Nordautomation Oy

Addtech Industrial Process, a business area in the Addtech Group, has signed an agreement to acquire 80% of the shares in Nordautomation Oy, a Nordic market leader in log handling equipment.

- Type: Acquisition
- Announced: 2018-09-11
- Where: Finland
- Status: completed
- Products: log handling equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Addtech](https://endata.com/companies/6928.md) (acquirer)
- [Nordautomation Oy](https://endata.com/companies/19024.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/addtech/r/addtech-acquires-nordautomation-oy,c2615158), 2018-09-11: "Nordautomation is the Nordic market leader in designing, manufacturing and delivering of log handling equipment."

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