MAX Automation SE Announces Sale of MA micro Group to Hitachi

MAX Automation SE has finalized the sale of MA micro Group to Hitachi, Ltd. for an estimated price of EUR 71.5 to EUR 76.5 million, dependent on MA micro Group’s 2024 performance. The transaction is scheduled to close in the second half of 2024. The focus of the divestiture, according to MAX Automation SE, is to primarily reduce its financial liabilities.

MAX Automation’s subsidiary, MA micro Group, includes MA micro automation GmbH and several other units such as MA Life Science GmbH, Micro Automation LLC, and Micro Automation LLP. Following the sale completion, MA micro automation will integrate with JR Automation Technologies, LLC, enhancing its market positioning and complementing Hitachi’s expansive portfolio.

Guido Mundt, Chairman of the Supervisory Board at MAX Automation SE, emphasized the strategic fit of MA micro Group within the Hitachi Group, projecting significant growth and development opportunities. He highlighted MA micro Group’s reputation as a leading technology provider in the MedTech sector. The completion of this deal is contingent upon standard regulatory approvals, including merger controls.