Add-on Acquisition • Technology Hardware

Andreas Stihl AG & Company Acquires TinyMobileRobots

On February 2, 2022, Andreas Stihl AG & Company acquired technology hardware company TinyMobileRobots

Acquisition Context

This is Andreas Stihl AG & Company’s 1st transaction in the Technology Hardware sector.
This is Andreas Stihl AG & Company’s 1st transaction in Denmark.

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M&A Deal Summary
Date	February 2, 2022
Target	TinyMobileRobots
Sector	Technology Hardware
Buyer(s)	Andreas Stihl AG & Company
Deal Type	Add-on Acquisition

Target Company

TinyMobileRobots

Midtjylland, Denmark

TinyMobileRobots developes a PropTech-robot for measuring large indoor areas such as high-rise construction sites, storage buildings, warehouses and production facilities, where millions of square feet otherwise have to be measured manually. TinyMobileRobots was founded in 2015 and is based in Midtjylland, Denmark.

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Buyer Overview 1

Buyer

Andreas Stihl AG & Company

Germany

Category	Company
Founded	1926
Sector	Manufacturing
Employees	12,000

DESCRIPTION

Stihl trimmers on display at an Ace Hardware store in Duluth, Minnesota.

Andreas Stihl AG & Company is a manufacturer of chainsaws and handheld power equipment including trimmers and blowers.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Technology Hardware	1 of 1
Type: Add-on Acquisition	2 of 2
Country: Denmark	1 of 1
Year: 2022	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
1992-01-01	Viking Vösendorf, Austria Viking is a manufacturer of gardening power tools.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

1992-01-01

Viking

Vösendorf, Austria

Viking is a manufacturer of gardening power tools.

Buy

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