Augusta Technologie has sold DLoG to Advantech Group

Augusta Technologie AG (“Augusta”), listed on the Prime Standard of the Frankfurt Stock Exchange, has sold its wholly-owned subsidiary DLoG GmbH, based in Germering, to Advantech for about Euro 13 m (equity value). Augusta is an integrated technology group and generated revenues of Euro 107 m in 2009. The sale of DLoG marks Augusta’s divestment from its Logistics Automation division and underlines the strategic focus of Augusta on two divisions: Sensor and Microsystems Technology and Vision Technology.

DLoG is a European market leader for ultra-ruggedized, vehicle mount terminals for industrial applications. The company designs, manufactures and distributes industrial PCs for applications in intra-logistics, heavy duty machinery and stationary applications. DLoG is the market leader in Germany with a market share of over 40%. On a global scale DLoG is the fifth largest player in its segment. Despite difficult market conditions the company was profitable in 2009 and generated revenues of Euro 13 m.

Based in Taipei, Taiwan, Advantech Group is a global leader for industrial-PC, eAutomation and embedded solutions. With more than 3,400 employees Advantech operates an extensive support, sales and marketing network in 18 countries and 39 major cities. Advantech is listed on the Taiwan stock exchange. The acquisition of DLoG is a cornerstone of Advantech’s European strategy as DLoG will provide an established European sales organization and partner network as well as outstanding R&D expertise. DLoG in turn will profit from Advantech’s Asian and North American sales power, broad R&D capabilities and global service network.

Lincoln International was engaged by Augusta as the exclusive financial advisor in this sell-side transaction.

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