Specialist engineer IMI said it planned to buy Germany’s Bahr Modultechnik Holding for an enterprise value of €98m (£83m).
Bahr makes modular electric linear motion systems, based on a broad portfolio of specialist components. The company has a diverse customer base with presence in automation-driven end markets, including pharmacy automation, warehouse automation and robotics, IMI said on Monday.
Closing is expected to take place by mid-June 2022. Bahr will become part of the industrial automation business unit within IMI Precision Engineering.
