# MAAG Group acquires XanTec to strengthen digitalization

MAAG Group has acquired Germany-based XanTec Steuerungs- und EDV Technik GmbH, a manufacturer of advanced industrial control systems for production plants, pelletizing systems and extruders.

- Type: Acquisition
- Announced: 2020-09-02
- Where: Germany
- Status: announced
- Products: industrial control systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Maag Group](https://endata.com/companies/1401.md) (acquirer)
- [XanTec Steuerungs- und EDV-Technik GmbH](https://endata.com/companies/49662.md) (target)

## Sources

- [maag.com](https://maag.com/maag-news/maag-group-to-acquire-xantec-steuerungs-und-edv-technik-gmbh-to-strengthen-its-digitalization-capabilities/), 2020-09-02: "Thoughtfully applied digital technologies enable Maag to provide world-class intelligent, agile and competitive solutions to our customers."
- [chemengonline.com](https://www.chemengonline.com/maag-group-to-acquire-xantec-steuerungs-und-edv-technik-to-strengthen-its-digitalization-capabilities/), 2020-09-02: "Thoughtfully applied digital technologies enable Maag to provide world-class intelligent, agile and competitive solutions to our customers."

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