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SCIO Automation has agreed to acquire Fabmatics GmbH and its US subsidiary from the founding shareholders and Süd Beteiligungen GmbH, signed on October 30, 2023, subject to regulatory approvals.
“The founding shareholders of the automation specialist Fabmatics GmbH, as well as the Stuttgart investment company Süd Beteiligungen GmbH (SüdBG), are selling their shares in Fabmatics Holding GmbH to SCIO Automation.”fabmatics.com
Summarized from public sources; check the original articles before acting on it.