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Axcel merges Picca and Acobia to form Scandinavian automation group · Endata

◂ Announcements

Mar 7, 2022ACQUISITIONSweden

Axcel merges Picca and Acobia to form Scandinavian automation group

Axcel, a Nordic private equity firm, acquired Acobia and merged it with Picca to form a leading Scandinavian industrial automation group with over 175 employees and SEK 300 million in revenue.

Status

Completed

Productsindustrial automation solutions and products

CompaniesAxcel investor Picca acquirer Acobia target

Sectors#Automation and Robotics

“Sammanslagningen av Picca och Acobia är en viktig milstolpe på den resan på grund av den sammanslagna marknadsnärvaron, det delade fokuset på automation och de likartade kulturerna.”castlegreenpartners.com

1 source
castlegreenpartners.comPicca och Acobia ingår partnerskap - Castlegreen Partners LLPJul 7, 2022

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

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