# Storskogen acquires LNS Holding for CHF 185 million

Storskogen Group AB signed an agreement to acquire 100% of LNS Holding SA, a global leader in automation peripherals and services based in Orvin, Switzerland. The purchase price is CHF 185 million on a cash-and-debt-free basis.

- Type: Acquisition
- Announced: 2021-12-27
- Where: Orvin, Switzerland, Switzerland
- Value: $202.0M (185.0M CHF)
- Status: announced
- Products: automation peripherals
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [LNS Group](https://endata.com/companies/19175.md) (target)
- [Storskogen](https://endata.com/companies/54722.md) (acquirer)

## Sources

- [news.cision.com](https://news.cision.com/storskogen/r/storskogen-acquires-automation-company-lns-and-expands-its-footprint-in-dach,c3478173), 2021-12-27: "Storskogen Group AB (publ) has on 27 December 2021 signed an agreement to acquire 100% of the shares in LNS Holding SA."

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