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Axcel partners with Picca Automation to create Nordic industrial automation leader · Endata

◂ Announcements

Jan 6, 2022ACQUISITIONDenmark, Denmark

Axcel partners with Picca Automation to create Nordic industrial automation leader

Axcel will acquire a majority stake in Picca Automation, a Danish industrial automation services and software provider, to build a leading Nordic industrial automation partner. The transaction is expected to close in the first half of 2022.

Status

Announced

Productsindustrial automation servicessoftware solutions

CompaniesAxcel acquirer Picca Automation target

Sectors#Automation and Robotics

“The partnership between Picca Automation and Axcel aims to build a leading Nordic industrial automation partner by continuing to attract top talent, continue to develop value creating solutions for customers and acquire other industrial automation companies across the Nordic region.”axcel.com

2 sources
axcel.comAxcel partners with Picca Automation to create a leading Nordic industrial automation partner - AxcelAdvanceJan 6, 2022
hcnpartners.comAdvised the shareholders of Picca Automation in the sale to Axcel - HCN PartnersJan 6, 2022

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

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