# Motus Nordic acquires majority stake in NTO Automation

Motus Nordic Group acquired majority shares in NTO A/S, an automation company based in Ikast with facilities in Hillerød and Randers, effective December 31, 2023. The deal supports Motus Nordic's strategy in industrial and logistics automation.

- Type: Acquisition
- Announced: 2024-01-03
- Where: Ikast, Hillerød, Randers, Denmark
- Status: completed
- Products: automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Motus Nordic Group](https://endata.com/companies/15078.md) (acquirer)
- [NTO Automation](https://endata.com/companies/74775.md) (target)

## Sources

- [motusnordic.com](https://motusnordic.com/press-release/motus-nordic-acquires-nto-automation-a-s/), 2024-01-03: "Som en del af den overordnede strategi overtager Motus Nordic pr. 31/12/2023 majoritetsandelene i NTO A/S."

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