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Denmark's Hoyer merged with marine service provider VMS Group to create Hoyer VMS Group, a combined electric motors, automation and MRO provider with about 700 employees. Capidea assumes majority ownership of the new group. The article is dated 25 November 2025.
Danish motor solutions company Hoyer has acquired NowiTek, an automation solutions developer specialising in SCADA platforms and PLC programming.
Danish motor solutions company Hoyer acquired NowiTek, an automation developer of SCADA platforms and PLC programming, in Q1 2025.