# IMA acquires 70% of Ciemme for €14 million

IMA finalized the acquisition of 70% of Ciemme S.r.l., an Italian manufacturer of end-of-line automatic machines, for around €14 million. The deal includes put & call options on the remaining 30%.

- Type: Acquisition
- Announced: 2018-06-25
- Where: Albavilla, Como, Italy
- Value: $16.2M (14.0M EUR)
- Status: completed
- Products: end-of-line automatic machines
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [IMA](https://endata.com/companies/2863.md) (acquirer)
- [Ciemme](https://endata.com/companies/32732.md) (target)

## Sources

- [packmedia.net](https://packmedia.net/index.php/node/9276), 2018-06-25: "The IMA Group strengthens its range of end-of-line machines."

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