IMA Group (IT), an industrial automation company, completed the acquisition of Sarong's Packaging Machinery and Packaging Materials divisions on August 1, 2024. The transaction strengthens IMA’s position in the pharmaceutical market and expands its portfolio of advanced packaging solutions.

AcquirerIMA Group (IT)
TargetSarong's Packaging Machinery and Packaging Materials divisions (IT)
TypeCarve-out
Deal ValueUndisclosed
Closing DateAugust 1, 2024
Annc. DateAugust 1, 2024
Buy-side AdvisorsAicardi & Partners (financial and legal)
Sell-side AdvisorsAicardi & Partners (financial and legal)

The acquisition of the Sarong divisions, which have a combined workforce of 125 employees, adds advanced packaging machinery to IMA’s product lineup. This strategic move aligns with IMA's broader initiative to enhance its market presence in pharmaceutical manufacturing.