# SICK completes acquisition of Chilean joint venture SICK SpA

SICK AG acquired the outstanding 50% of shares in SICK SpA from the Schädler family, becoming sole owner. The joint venture was founded in 2014.

- Type: Acquisition
- Announced: 2019-01-15
- Where: Santiago de Chile, Chile
- Status: completed
- Products: sensors, sensor solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [SICK](https://endata.com/companies/10030.md) (acquirer)
- [SICK](https://endata.com/companies/10030.md) (target)

## Sources

- [sick.com](https://www.sick.com/us/en/sick-strengthens-position-in-south-america-acquisition-of-sick-joint-venture-in-chile-completed/w/press-2019-chile), 2019-01-15: "With the acquisition of the outstanding 50 percent of shares in this successful joint venture, SICK is able to strengthen its position in South America for the long term."

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