# MHM Automation acquires Wyma Engineering for up to $60 million

MHM Automation acquired 100% of Wyma Engineering, a post-harvest vegetable and fruit handling equipment manufacturer, in a deal valued at up to $60 million. The acquisition is expected to nearly double MHM's revenue to $125 million.

- Type: Acquisition
- Announced: 2023-05-01
- Where: Christchurch, New Zealand
- Value: $37.0M (60.0M NZD)
- Jobs: 170
- Status: completed
- 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-automation-acquires-wyma-for-estimated-60m), 2023-05-02: "MHM Automation acquired 100% of the shares of world-leading post-harvest vegetable and fruit handling equipment manufacturer Wyma Engineering (NZ) Limited yesterday."

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