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MHM Automation acquired 100% of Wyma Engineering, a post-harvest vegetable and fruit handling equipment manufacturer, in a deal valued at up to $60 million. The acquisition is expected to nearly double MHM's revenue to $125 million.
MHM Automation entered a conditional agreement to acquire Wyma Engineering Limited, a manufacturer of post-harvest vegetable and fruit handling equipment based in Christchurch, New Zealand, for $60 million. Settlement is expected on April 3, 2023.