# Addtech acquires majority stake in INDAG Maschinenbau

Addtech has acquired a majority stake in INDAG Maschinenbau, a German manufacturer of dynamic continuous inline mixers for dairy, confectionery, beverages, and cosmetics industries. The terms of the transaction were not disclosed.

- Type: Acquisition
- Announced: 2023-04-01
- Where: Umeå, Sweden
- Status: completed
- Products: dynamic continuous inline mixers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Addtech](https://endata.com/companies/6928.md) (acquirer)
- [INDAG Maschinenbau](https://endata.com/companies/69530.md) (target)
- [Electrum Automation AB](https://endata.com/companies/70016.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/indag-maschinenbau), 2023-04-04: "In April 2023, Addtech acquired a majority stake in INDAG Maschinenbau."
- [news.cision.com](https://news.cision.com/addtech/r/addtech-acquires-electrum-automation-ab,c3760428), 2023-04-28: "With its experience of electronics and software design and broad expertise in system integration, the company will complement Addtech's business unit Connectivity Solutions in a very good way."

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