M&A Deal Summary

Andreas Stihl AG & Company Acquires TinyMobileRobots

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2022-02-02
Target TinyMobileRobots
Sector Technology Hardware
Buyer(s) Andreas Stihl AG & Company
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Andreas Stihl AG & Company

Germany

Category Company
Founded 1926
Sector Manufacturing
Employees12,000
DESCRIPTION
Stihl trimmers on display at an Ace Hardware store in Duluth, Minnesota.
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 STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Denmark M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-01-01 Viking

Vösendorf, Austria

Viking is a manufacturer of gardening power tools.

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