Leadec has acquired Diversified Automation
December 2020 — Leadec has completed the acquisition of Diversified Automation, Inc.
Leadec, a portfolio company of Triton and headquartered in Stuttgart, Germany, is a leading engineering, installation, maintenance and support service specialist for industrial facilities across their entire life cycle and related infrastructure. Operating in four continents with 20,000 employees and almost 60 years of experience, Leadec operates at more than 300 facility sites and generated approximately €900 million in sales in 2019.
Founded in 2002, Diversified Automation is a leading automation controls and software solution provider to the express parcel industry. It serves global express parcel and e-commerce companies, prime contractors and integrators with end customers that include Amazon, FedEx Ground and UPS. Headquartered in Louisville, Kentucky, and with annual sales of approximately US$100 million, Diversified Automation has more than 140 engineers and project managers operating from seven locations across the USA.
Our role in the transaction
The Oaklins team in Germany initiated and established the contact between Leadec and the team in Cleveland, who gave Leadec the idea to enter the parcel sortation and automation market through the acquisition of Diversified Automation.
Talk to the deal team
Related deals
Contrinex has joined Nordson
Contrinex S.A., a Swiss technology leader in high-performance sensors for factory automation, has been acquired by Nordson Corporation, a US-based precision technology company. Contrinex will become part of Nordson’s Advanced Technology Solutions segment. The acquisition complements Nordson’s test and inspection portfolio with expertise in sensing technologies for harsh environments and miniature precision positioning, expanding its capabilities in factory automation and control. Contrinex will benefit from Nordson’s global sales infrastructure and continued investment in bringing its technologies to more customers worldwide.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn more