M&A Deal Summary

Mycronic Acquires Kognitec Vertrieb and Service

On February 11, 2016, Mycronic acquired technology hardware company Kognitec Vertrieb and Service

Acquisition Highlights
  • This is Mycronic’s 2nd transaction in the Technology Hardware sector.
  • This is Mycronic’s 2nd transaction in Germany.

M&A Deal Summary

Date 2016-02-11
Target Kognitec Vertrieb and Service
Sector Technology Hardware
Buyer(s) Mycronic
Deal Type Add-on Acquisition

Target

Kognitec Vertrieb and Service

Höhenkirchen, Germany
Kognitec Vertrieb and Service GmbH is a developer and manufacturer of SMD Tower.

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Buyer(S) 1

Buyer

Mycronic

Täby, Sweden

Category Company
Founded 1989
Sector Technology Hardware
Employees2,002
Revenue 5.1B SEK (2022)
DESCRIPTION

Mycronic is a high-tech company engaged in the development, manufacture and marketing of production equipment for the electronics industry. Mycronic was founded in 1989 and is based in Täby, Sweden.


DEAL STATS #
Overall 2 of 6
Sector (Technology Hardware) 2 of 4
Type (Add-on Acquisition) 1 of 3
Country (Germany) 2 of 3
Year (2016) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-11 RoyoTech Digitalelektronik

Höhenkirchen, Germany

RoyoTech Digitalelektronik GmbH is a developer and manufacturer of SMD Tower an intelligent storage solution of electronic components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Shenzhen Axxon Automation

Shenzhen, China

Shenzhen Axxon Automation Co. Ltd. is a developer, manufacturer, and sells dispensing equipment for the electronics industry.

Buy -