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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

MODIG acquires German machine tool maker LiCON · Endata

◂ Announcements

Mar 25, 2024ACQUISITIONGermany

MODIG acquires German machine tool maker LiCON

MODIG, based in Kalmar, Sweden, has announced the strategic acquisition of LiCON, a German manufacturer of high-performance machining solutions. LiCON will join the group alongside Modig Machine Tool and IBARMIA.

Status

Announced

Productshigh-performance machining solutionshorizontal machining centersautomated production systems

CompaniesIBARMIA target MODIG acquirer LiCON target

Sectors#Industrial Machinery

“Diese Übernahme ist ein wichtiger Meilenstein für die Gruppe und spiegelt unser Engagement für langfristiges Wachstum, Innovation und Zusammenarbeit wider.”ibarmia.com

2 sources
ibarmia.comUnsere Allianz mit MODIG wird durch den Erwerb von LiCON erweitert | IbarmiaMar 25, 2024
ibarmia.comMODIG und IBARMIA unterzeichnen eine Allianz zur Stärkung ihrer Marktposition | IbarmiaApr 24, 2024

Summarized from public sources; check the original articles before acting on it.

More from IBARMIA

Sep 4, 2024PARTNERSHIPAzkoitia, Spain
Modig Machine Tool and IBARMIA form strategic alliance
Modig Machine Tool partner IBARMIA partner mekpoint.com
Jul 10, 2024PARTNERSHIP
MODIG and IBARMIA enter strategic partnership with minority stake
IBARMIA partner MODIG investor modig.se
May 16, 2024PARTNERSHIP
MODIG and IBARMIA form strategic partnership; MODIG takes minority stake
Modig Machine Tool investor IBARMIA target ibarmia.com
May 16, 2024ACQUISITIONGermany
Modig Group acquires German machine tool maker LiCON
IBARMIA partner MODIG acquirer ibarmia.com
Jan 31, 2024ACQUISITIONGermany
MODIG Group acquires LiCON machine tool manufacturer
Modig Machine Tool partner IBARMIA partner ibarmia.com
Sep 12, 2023NEW FACILITYZaozhuang, Shandong, China$15.1B900 jobs
Shandong Weida, SJTU Zhibang, Ibarmia to build $15.2B CNC machine tool plant in Zaozhuang
Shandong Weida Heavy Industry Co., Ltd.IBARMIA partner gxt.shandong.gov.cn

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