# Hitachi acquires MA micro automation for EUR 71.5M

Hitachi Ltd. signed a stock purchase agreement to acquire all shares of MA micro automation GmbH, a German robotic SI provider, for EUR 71.5 million. The transaction is expected to close in the second half of 2024.

- Type: Acquisition
- Announced: 2024-04-26
- Where: St. Leon-Rot, Germany, Germany
- Value: $76.5M (71.5M EUR)
- Status: announced
- Products: robotic and automation technology, high-speed linear handling systems, high-precision assembly lines, high-speed vision inspection technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [MA micro automation](https://endata.com/companies/77056.md) (target)
- [MAX Management](https://endata.com/companies/77057.md) (partner)

## Sources

- [aap.com.au](https://www.aap.com.au/aapreleases/cision20240426ae98558/), 2024-04-26: "Hitachi Ltd. has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH."
- [prnewswire.com](https://www.prnewswire.com/news-releases/hitachi-acquires-ma-micro-automation-of-germany-in-effort-to-accelerate-global-expansion-of-robotic-si-business-in-the-medical-and-other-fields-302128588.html), 2024-04-26: "Hitachi Ltd. has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH from MAX Management GmbH for EUR 71.5M million."
- [roboticsandautomationmagazine.co.uk](https://www.roboticsandautomationmagazine.co.uk/news/mergers-acquisitions/hitachi-acquires-automation-firm-amid-expansion-into-medical-device-market.html), 2024-05-09: "We are very pleased to welcome MA micro automation to the Hitachi Group."
- [yolegroup.com](https://www.yolegroup.com/industry-news/hitachi-acquires-ma-micro-automation-of-germany-in-effort-to-accelerate-global-expansion-of-robotic-si-business-in-the-medical-and-other-fields/), 2024-05-10: "Hitachi (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH."

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