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Teaminvest Private Group's subsidiary Automation Group Investments has acquired a 50% interest in Brodersen Systems Asia Pacific, the local importing subsidiary of Danish automation solutions provider Brodersen A/S. The deal includes an upfront payment of $0.4 million and deferred consideration of up to $0.2 million.
“Having worked with Brodersen for nearly a decade, this acquisition is the next logical step in our partnership.”newsnreleases.com
Summarized from public sources; check the original articles before acting on it.