◂ Announcements

Dec 15, 2020ACQUISITIONChristchurch, New Zealand

MHM Automation acquires Southern Cross Engineering

MHM Automation, a NZX-listed provider of automated systems for food processing and logistics, is purchasing fellow Christchurch-based engineering firm Southern Cross Engineering (SCE). The acquisition is conditional and expected to settle on 11 January 2021, with the purchase price calculated via an earn-out over two years.

Status

Announced

Productsautomated systems and equipment for food processing and logisticsequipment for meat, dairy, timber and infrastructure sectors

CompaniesMHM Automation acquirer Southern Cross Engineering target

Sectors#Industrial Machinery #Food Processing Equipment

“We’re excited to bring the SCE brand and IP into the MHM Automation group.”mhmautomation.com

1 source
mhmautomation.comMHM Automation acquires Southern Cross Engineering | MHM AutomationDec 15, 2020

Summarized from public sources; check the original articles before acting on it.

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