Pneumax Holding acquires 90% of AutomationWare
Pneumax Holding completed the acquisition of a 90% stake in AutomationWare, bringing the motion specialist into the Pneumax Group.
Evidence notes
- AutomationWare's official announcement was published on 5 June 2024 and carries a 24 May dateline stating Pneumax completed the 90% acquisition.
- The companies expected the remaining organizational steps to conclude in the first part of June 2024.
- AutomationWare continued as an operating brand within the Pneumax Group.