# MHM Automation to acquire Wyma Engineering for $60 million

MHM Automation entered a conditional agreement to acquire Wyma Engineering Limited, a manufacturer of post-harvest vegetable and fruit handling equipment based in Christchurch, New Zealand, for $60 million. Settlement is expected on April 3, 2023.

- Type: Acquisition
- Announced: 2023-02-28
- Where: Christchurch, New Zealand
- Value: $38.0M (60.0M NZD)
- Status: announced
- Products: post-harvest vegetable and fruit handling equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [MHM Automation](https://endata.com/companies/51911.md) (acquirer)
- [Wyma Engineering Limited](https://endata.com/companies/68827.md) (target)

## Sources

- [mhmautomation.com](https://mhmautomation.com/news-and-investors/mhm-continues-growth-trend-and-plans-for-wyma-acquisition), 2023-02-27: "This is a pivotal transaction that potentially doubles our size and achieves the Step 100 strategy, which we put in place 15 months ago."

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