Brief: Jungheinrich Acquires Robotics Company Magazino

Jungheinrich AG

23/08/2023 13:03

Aug 23 (Reuters) - Jungheinrich AG  JUNG_p.DE :
    * ACQUIRES ALL SHARES IN ROBOTICS COMPANY MAGAZINO FROM
FOUNDERS
AND PREVIOUS CO-SHAREHOLDERS
    * PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE.
    * THE TRANSACTION TOOK EFFECT IMMEDIATELY UPON SIGNING THIS
WEEK
    * COMPANY WILL REMAIN UNDER MANAGEMENT OF BOTH CO-FOUNDERS
FREDERIK BRANTNER AND LUKAS ZANGER AS WELL AS DR. MORITZ TENORTH

Further company coverage:  JUNG_p.DE 

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