# Yushin Precision Equipment to acquire Wemo Automation

Yushin Precision Equipment (Japan) signed an agreement to acquire 100% of Wemo Automation AB (Sweden) from HAHN Group (Germany). Wemo manufactures linear robots and automation cells for the plastics industry.

- Type: Acquisition
- Announced: 2023-05-16
- Where: Värnamo, Sweden, Sweden
- Status: announced
- Products: linear robots, automation cells for plastics industry
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Wemo Automation](https://endata.com/companies/17006.md) (target)
- [Hahn Group](https://endata.com/companies/19179.md) (partner)
- [Yushin Precision Equipment Co., Ltd.](https://endata.com/companies/70309.md) (acquirer)

## Sources

- [imap.com](https://www.imap.com/en/news/2023/wemo-hahn~n), 2023-05-16: "On May 16, 2023, Yushin and HAHN Group have signed an agreement on the acquisition of 100% of the outstanding shares of Wemo by Yushin."

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