# IIN Group acquires majority stake in Professional Mechanics Finland

IIN Group Oy, a supplier of automated modular production automation systems, acquired a majority of shares in Professional Mechanics Finland Oy (Promec), a manufacturing equipment design and fabrication company. Both companies are headquartered in Finland.

- Type: Acquisition
- Announced: 2024-11-20
- Where: Finland
- Status: announced
- Products: automated modular production automation systems, manufacturing equipment design and fabrication
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [IIN Group Oy](https://endata.com/companies/81169.md) (acquirer)
- [Professional Mechanics Finland Oy](https://endata.com/companies/81170.md) (target)

## Sources

- [iingroup.eu](https://www.iingroup.eu/announcement/), 2024-11-20: "This is exciting news as this acquisition leverages the strengths and unique capabilities of both companies to best serve our customers"

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