# Addtech Nordic acquires majority stake in Omni Ray AG

Addtech Nordic AB acquired a majority stake in Swiss automation company Omni Ray AG. The acquisition closed on April 1, 2019, and Addtech created a new business area named Automation.

- Type: Acquisition
- Announced: 2019-04-01
- Where: Switzerland
- Status: completed
- Products: automation solutions, robotics, sensor technology, industrial networks, embedded computers, datacom infrastructure
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Addtech Nordic](https://endata.com/companies/11565.md) (acquirer)
- [Omni Ray AG](https://endata.com/companies/38469.md) (target)

## Sources

- [proventis.com](https://proventis.com/en/proventis-partners-advises-the-shareholders-of-omni-ray-ag-in-the-sale-of-a-majority-stake-to-addtech-nordic-ab/), 2019-04-02: "The acquisition means that we strengthen our position in the European automation market significantly."

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