# Renovotec acquires majority stake in Skywire Australia and New Zealand

Renovotec, a UK supply chain technology solutions provider, acquired a majority stake in Skywire Australia and New Zealand, a mobility solutions company. The acquisition expands Renovotec's global presence into the APAC region.

- Type: Acquisition
- Announced: 2023-12-12
- Where: Australia
- Status: completed
- Products: rugged mobile hardware, robotics and automation solutions, warehouse automation
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Renovotec](https://endata.com/companies/74372.md) (acquirer)
- [Skywire Australia and New Zealand](https://endata.com/companies/74373.md) (target)

## Sources

- [roboticsandautomationmagazine.co.uk](https://www.roboticsandautomationmagazine.co.uk/news/mergers-acquisitions/renovotec-acquires-majority-share-in-skywire.html), 2023-12-12: "This acquisition by Renovotec is not merely an expansion but a merger of complementary strengths."

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