# MODIG and IBARMIA enter strategic partnership with minority stake

MODIG and IBARMIA have signed a strategic partnership agreement, with MODIG taking a substantial minority stake in IBARMIA. The partnership aims to strengthen geographical and sectoral presence.

- Type: Partnership
- Announced: 2024-07-10
- Status: announced
- Products: machining centers, machining solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [IBARMIA](https://endata.com/companies/17120.md) (partner)
- [MODIG](https://endata.com/companies/52034.md) (investor)

## Sources

- [modig.se](https://modig.se/news/modig-and-ibarmia-enter-into-partnership-to-strengthen-their-market-position/), 2024-07-10: "MODIG and IBARMIA share a passion for innovation and excellence in manufacturing."

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