# SpiraTec AG acquires majority stake in onoff AG

SpiraTec AG is acquiring a majority of shares in onoff AG, combining their expertise in engineering, digitalization, robotics, IT and automation for the process industry, creating one of the largest independent service companies in Europe.

- Type: Acquisition
- Announced: 2022-03-29
- Where: Germany
- Status: announced
- Products: engineering services, digitalization services, robotics, IT services, automation services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [SpiraTec](https://endata.com/companies/61947.md) (acquirer)
- [onoff](https://endata.com/companies/61948.md) (target)

## Sources

- [spiratec.com](https://www.spiratec.com/de/presse/spiratec-ag-und-onoff-ag-schliessen-sich-zusammen/), 2022-03-29: "Durch den Erwerb des überwiegenden Teils der Aktien der onoff AG entsteht eines der größten konzernunabhängigen Dienstleistungsunternehmen in der Prozessindustrie in Europa."

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