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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 manufacturer LiCON · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Apr 15, 2024ACQUISITIONGermany

MODIG acquires German machine tool manufacturer LiCON

MODIG, headquartered in Kalmar, Sweden, announced the strategic acquisition of LiCON, a German machine tool manufacturer. LiCON joins the group alongside Modig Machine Tool and IBARMIA, in which MODIG holds a significant minority stake.

Status

Announced

Productshorizontal machining centersautomated production systems

CompaniesModig Machine Tool acquirer LiCON target

Sectors#Industrial Machinery

“This acquisition marks an important milestone for the Group and reflects our commitment to long term growth, innovation, and collaboration.”ibarmia.com

1 source
ibarmia.comOur Partnership with MODIG Expands Through the Acquisition of LiCON | IbarmiaApr 15, 2024

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

More from Modig Machine Tool

Sep 4, 2024PARTNERSHIPAzkoitia, Spain
Modig Machine Tool and IBARMIA form strategic alliance
Modig Machine Tool partner IBARMIA partner mekpoint.com
May 16, 2024PARTNERSHIP
MODIG and IBARMIA form strategic partnership; MODIG takes minority stake
Modig Machine Tool investor IBARMIA target ibarmia.com
Jan 31, 2024ACQUISITIONGermany
MODIG Group acquires LiCON machine tool manufacturer
Modig Machine Tool partner IBARMIA partner ibarmia.com
Apr 27, 2022CONTRACTUnited States
voestalpine RFC Aerospace orders MODIG HHV3 machining center
Modig Machine Tool supplier voestalpine RFC Aerospace customer modig.se
Sep 15, 2021NEW FACILITYWichita, Kansas, United Statesops Oct 2021
Modig Machine Tool to open North America headquarters in Wichita
Modig Machine Tool modig.se
Sep 15, 2021EXPANSIONKalmar, Sweden, Sweden
Modig Machine Tool expands Kalmar headquarters by 100,000 sq ft
Modig Machine Tool modig.se

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