Insta Group Oy has acquired the entire share capital of Apex Automation Oy to enhance its capabilities in automation and industrial digitalization.
Information on the Target
Apex Automation Oy is a company based in Seinäjoki, Finland, specializing in automation, robotics, and digitalization solutions for the industrial and machine shop sectors. The company focuses on developing and implementing intelligent automation systems, software, and integrations aimed at enhancing production efficiency and improving quality. In 2024, Apex Automation reported a revenue of approximately €6.0 million and an operating profit of around €0.18 million, employing approximately 60 automation industry experts.
Industry Overview in Finland
The automation industry in Finland has seen significant growth in recent years, driven by advancements in technology and increased demand for operational efficiency across various sectors. Finnish companies are increasingly adopting automation solutions to optimize processes, reduce costs, and improve product quality. The emphasis on digital transformation has also sparked innovation within the industry, leading to a wide array of automation applications tailored to diverse market needs.
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Moreover, Finland's strong engineering education system and a culture of innovation have fostered a conducive environment for the automation sector. Numerous startups a
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Insta Group Oy
invested in
Apex Automation Oy
in 2024
in a Merger deal
Disclosed details
Revenue: $6M
EBIT: $0M