March 1, 2018 - Assignment

Murata Machinery, Ltd. has acquired AGVE AB

Murata Machinery, Ltd. ("Muratec"), a Japanese technology company, has acquired AGVE AB ("AGVE"), a leading manufacturer of Automated Guided Vehicle ("AGV") with head office and main production site in Gothenburg. AGVE is a leading company in the global AGV market, demonstrating success in broad industries such as automotive, electronics, healthcare, etc. With high technical expertise and unique solutions, AGVE has expanded its business to over 20 countries all over the world through its subsidiaries in the US and UK as well as local partners. The acquisition was completed on 28 February 2018.

Muratec was advised by Mannheimer Swartling in the transaction.