M&A Deal Summary

Daifuku Acquires Vega Conveyors & Automation

On April 4, 2019, Daifuku acquired machinery company Vega Conveyors & Automation

Acquisition Highlights
  • This is Daifuku’s 2nd transaction in the Machinery sector.
  • This is Daifuku’s 1st transaction in India.

M&A Deal Summary

Date 2019-04-04
Target Vega Conveyors & Automation
Sector Machinery
Buyer(s) Daifuku
Deal Type Add-on Acquisition

Target

Vega Conveyors & Automation

Hyderabad, India
Vega Conveyors & Automation Ltd. is an industrial automation company focused on providing integrated product and material handling solutions by using experienced problem-solving specialists, solution providers, and innovative technology.

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Buyer(S) 1

Buyer

Daifuku

Osaka, Japan

Category Company
Founded 1937
Sector Machinery
Employees13,071
Revenue 611.5B JPY (2024)
DESCRIPTION

Daifuku is a provider of consulting, planning and engineering, design, manufacture, installation and operation, and after-sales services. Daifuku was founded in 1937 and is based in Osaka, Japan.


DEAL STATS #
Overall 2 of 2
Sector: Machinery M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: India M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-30 Hallim Machinery Co.

Siheung, South Korea

Hallim Machinery Co., Ltd. is a manufacturer of auto car wash devices.

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