◂ Announcements

May 16, 2024PARTNERSHIP

MODIG and IBARMIA form strategic partnership; MODIG takes minority stake

MODIG and IBARMIA announced a strategic partnership, with MODIG taking a substantial minority stake in IBARMIA, to strengthen their market position in machine tools.

Status

Completed

Productsmachining solutionsmachining centers

CompaniesModig Machine Tool investor IBARMIA target

Sectors#Industrial Machinery

“MODIG and IBARMIA, two historic European family-owned Machine Tool companies, join forces to address markets and innovation together”ibarmia.com

1 source
ibarmia.comMODIG and IBARMIA enter into partnership to strengthen their Market Position | IbarmiaMay 16, 2024

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

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MODIG and IBARMIA form strategic partnership; MODIG takes minority stake · Endata