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Preh acquires IMA Automation Amberg

Preh GmbH is acquiring IMA Automation Amberg GmbH from the Swiss company Feintool International Holding AG, Lyss (Canton of Berne). IMA Automation is a supplier of high-quality assembly systems for both small and minute parts in high clock speeds and larger as well as heavy parts in lower clock speeds. The acquisition marks a further extension … Continued

Preh GmbH is acquiring IMA Automation Amberg GmbH from the Swiss company Feintool International Holding AG, Lyss (Canton of Berne). IMA Automation is a supplier of high-quality assembly systems for both small and minute parts in high clock speeds and larger as well as heavy parts in lower clock speeds. The acquisition marks a further extension of the product division Preh Innovative Automation (PIA) which focuses on the development, planning and construction of assembly systems and production lines, in particular for automotive suppliers. In the context of the growth strategy of the Preh Group, both the established market segments of PIA and the activities of IMA are to expanded and internationalized further. The app. 240 IMA employees will be taken over by Preh. The IMA location in Amberg will also be retained.

On 17 June 2014 the automotive group Preh GmbH closed an agreement with Feintool International Holding AG to acquire IMA Automation Amberg, which has marketed assembly systems successfully for more than 30 years and is a technology leader in its business fields. The takeover still requires cartel authority approval. The purchase price for the shares and the property is approximately EUR 20 million.

“We welcome IMA and its employees at Preh cordially and are convinced that IMA will continue to develop very successfully as part of our group. Together, we will write a great growth story – nationally and internationally. The support from our Chinese partner Joyson, for example, provides optimal preconditions for PIA and IMA to access the Chinese market, which displays considerable growth potential in the field of automation,” said Preh President and CEO Dr. Michael Roesnick.

“With the sale of IMA, Feintool is completing the focus strategy we have pursued over the past few years. We are concentrating fully on our core competency: the manufacture of high-precision series production parts by means of fine-cutting and forming as well as system solutions for fine-cutting. Preh provides IMA with access to the markets of the future, in particular in the Asia-Pacific region,” said Alexander von Witzleben, President of the Feintool supervisory board.

Within the Preh Group, the product division Preh Innovative Automation and IMA Automation will in future form the joint company Preh IMA Automation GmbH.

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