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Leadec acquired Diversified Automation, an industrial automation system solutions provider specializing in the express parcel shipping industry, on January 11, 2021. Terms were not disclosed.
Leadec acquired AVI GmbH effective November 1, 2020, to expand its Automation & Engineering Division. AVI specializes in control and automation solutions for industrial facilities.
Leadec (KRX: 197210) announced a KRW 4.11 billion contract to supply flat-panel display manufacturing equipment to SHENZHEN CHINA STAR OPTOELECTRONICS SEMICONDUCTOR DISPLAY TECHNOLOGY CO., LTD. (CSOT) in China, signed on March 7, 2018.