SCIO Automation GmbH, a German industrial automation company, acquired Fabmatics GmbH, also based in Germany, to strengthen its cleanroom segment and expand globally. The deal closed on December 27, 2023.

Acquirer: SCIO Automation GmbH (DE)
Target: Fabmatics GmbH (DE)
Deal Value: Undisclosed
Type: Acquisition
Closed Date: December 27, 2023

The acquisition aims to enhance SCIO Automation's capabilities in the cleanroom segment and broaden its global reach. Fabmatics is a provider of manufacturing solutions for the semiconductor industry.

Financial details of the transaction have not been disclosed. The deal does not include any specific key terms or advisory services information.