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SIM Automation GmbH, a portfolio company of Private Assets AG, acquired Optima automation GmbH, a specialist in assembly technology with about 50 employees in Fellbach, from the Optima group. The location and workforce will be retained.
Private Assets AG, a publicly traded investment company, has acquired SIM Automation GmbH, a special machine builder based in Heilbad Heiligenstadt, Germany, specializing in assembly systems.