# Private Assets AG acquires SIM Automation GmbH

Private Assets AG, a publicly traded investment company, has acquired SIM Automation GmbH, a special machine builder based in Heilbad Heiligenstadt, Germany, specializing in assembly systems.

- Type: Acquisition
- Announced: 2021-03-31
- Where: Heilbad Heiligenstadt, Germany
- Status: announced
- Products: assembly systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Private Assets AG](https://endata.com/companies/54158.md) (acquirer)
- [SIM Automation](https://endata.com/companies/54159.md) (target)

## Sources

- [automationspraxis.industrie.de](https://automationspraxis.industrie.de/news/sim-automation-von-private-assets-uebernommen/), 2021-03-31: "Die technologische Basis und das Know-how von SIM Automation sind erstklassig."

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