Delta Technologies strengthens with industrial automation
The owners of Delta Technologies Plc. and Robotizálunk Kft. have signed a letter of intent to purchase a 51% stake in Robotizálunk Kft. The acquisition provides growth opportunities for both companies and strengthens their professional competencies. The transaction, which is closely aligned with Delta’s acquisition strategy, is expected to be followed by others in the near future.
Following due diligence, the owners of Delta Technologies Plc. and Robotizálunk Kft. have signed a letter of intent to purchase a 51% stake in the company. The agreement also stipulates the possibility of further share increases in the medium term. The closing of the transaction is subject to the signing of a purchase agreement between the parties and the fulfillment of any closing conditions specified therein.
Delta Technologies Plc. As announced in its long-term strategy, the company is looking for companies operating in the field of industrial automation (Industry 4.0) with which it can develop its current service portfolio. In line with the strategy, the current transaction will further strengthen the market position of the company listed on the Budapest Stock Exchange, and on the other hand, it represents a milestone in strengthening the professional profile of the group in the field of industrial automation and digitalization. Their goal is to make further value-creating acquisitions over 3-5 years with a capital investment of approximately 6 billion forints, during which they will initially look for potential acquisition targets mainly in the domestic market, and then in the relevant regional markets in the medium term.
Robotizálunk Kft. was founded in 2017 and employs 20 people at its headquarters in Győr. Over the past few years, the company has become a stable player in the domestic market of industrial automation and robotics. Their main activity is industrial automation, including robotization, robotic technology design and implementation. The more than a decade of experience of their specialists in the field of special machine design and robot programming guarantees the quality of the work performed, thanks to which they have built long-term, stable relationships with their clients in many industries. Robotizálunk Kft. is defined by engineering precision, customized technical solutions and an attitude that supports the competitiveness of their partners. Their goal is to continue to be a decisive and reliable technology partner to help their clients increase production efficiency and quality.
With the acquisition, Delta Technologies Plc. would like to support the further growth of Robotizálunk Kft. based on its existing customer base and decisive market presence, and would facilitate the company’s expansion into foreign markets, taking advantage of Robotizálunk Kft.’s complex industrial automation references. After the transaction is closed, the company will continue to operate in its unchanged form.
In the recent period, Delta Technologies Plc. and its 100% owned subsidiary, one of Hungary’s most significant system integrators, Delta Systems Kft., also implemented numerous organic business development and efficiency improvement initiatives, strengthened its supervisory board with new professional representatives, thereby increasing investor confidence.
With acquisitions and further business development, they aim to improve profitability, exploit synergistic opportunities, strengthen their flexibility and ensure digitalization competence within the group.
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