Monday, 30 September 2024 5 Min Read
Hitachi Completes Acquisition of MA micro automation of Germany, a Leading Provider of Robotic and Automation Technology
MA micro automation will be under operation of JR Automation.The acquisition expands JR Automation's reach into global automation markets in medical, advanced battery and other fields.
HOLLAND, Mich., Sept. 30, 2024 -- Hitachi Ltd. (TSE: 6501, "Hitachi") has completed the acquisition of MA micro automation GmbH ("MA micro automation", headquartered in St. Leon-Rot, Germany), a leading provider of robotic and automation technology. MA micro automation will be under operation of JR Automation Technologies, LLC ("JR Automation") to grow the company's reach in the global advanced automation market, such as Europe, North America, and Southeast Asia. Hitachi and MAX Management GmbH (the seller, a subsidiary of MAX Automation SE) signed a stock purchase agreement in April, 2024, and pursuant to this agreement finalized the deal on September 30, 2024. Both JR Automation and MA micro automation have strong, recognized brands and will continue to do business under their existing names.