We are pleased to announce that our client Leadec, the leading global service specialist for factories along their entire life cycle and corresponding infrastructure with approximately 20,000 employees worldwide, closed one of their largest U.S. acquisitions to date. Michael Best represented Leadec in their acquisition of Diversified Automation, Inc., a major industrial automation controls and software solution provider, which will help Leadec grow in the U.S. and expand into additional business sectors, foremost parcel automation. This acquisition, which was particularly complex, was completed in an extremely tight year-end timeframe.
Leadec is owned by an international investment firm, Triton, and has its global headquarters in Germany, with U.S. headquarters located in Cincinnati, Ohio. “Leadec and Diversified Automation serve complementary industries, and so combine the opportunities of a diverse customer base. Diversified Automation will benefit from Leadec’s automotive relationships and reputation in the US. While Diversified Automation is well established in the express parcel shipping industry, allowing Leadec to take advantage of e-commerce-driven growth in the USA and also start to perform projects to support UPS, FedEx, DHL and Amazon throughout Europe and surrounding territories, thereby opening up substantial markets and opportunities to grow the combined businesses.” – Leadec’s Media Release of 2021.