# Simon Sauter completes management buy-out of Schmid Automation

Simon Sauter completed a management buy-out of Schmid Automation AG, including its subsidiaries, retroactively effective November 1, 2022, taking over the entire business from FILTROX Holding AG.

- Type: Acquisition
- Announced: 2022-11-01
- Where: St. Gallen, Switzerland, Switzerland
- Status: completed
- Products: automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Schmid Automation](https://endata.com/companies/66550.md) (target)
- [FILTROX Holding](https://endata.com/companies/66551.md) (partner)
- [Simon Sauter](https://endata.com/companies/66552.md) (acquirer)

## Sources

- [schmidautomation.com](https://schmidautomation.com/takeover-of-schmid-automation-simon-sauter-completes-management-buy-out/?lang=en), 2022-11-10: "Simon Sauter is the ideal owner for Schmid Automation AG."

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