MAX Automation SE Completes Sale of MA micro Group

Hamburg, 30 September 2024 – MAX Automation SE, through its wholly-owned subsidiary MAX Management GmbH, has finalized the sale of MA micro Group to Hitachi, Ltd, a major Japanese company listed on the Nikkei 225. The transaction follows merger control approvals and places MA micro automation under the operation of JR Automation Technologies, LLC, a Hitachi Group company.

The proceeds from the sale are estimated to be between EUR 71.5 million and EUR 76.5 million. MAX Automation SE plans to use these funds primarily to reduce its financial liabilities. Houlihan Lokey Germany served as the transaction advisor, and Hengeler Mueller provided legal advice.

MAX Automation SE is listed in the Prime Standard segment of the Frankfurt Stock Exchange and focuses on managing and acquiring investments in high-growth, high cash flow companies.