The acquisition of LiCON strengthens the long-term vision of building a strong and diversified industrial platform focused on advanced machining solutions. The acquisition of LiCON expands the offering in the area of mass production and automation-oriented machining while simultaneously strengthening the presence in key industrial markets. By bundling the competencies and resources of Modig Machine Tool, IBARMIA, and LiCON, the company will be able to accelerate innovations and provide even greater value to its customers.
We are very pleased to be part of the group. In a challenging economic environment, the three companies complement each other perfectly in terms of technology and market orientation. By combining our strengths, we can offer our customers an even broader and more competitive range of machining solutions,” says Winfried Benz, CEO of Licon.
This acquisition is an important milestone for the company and reflects our commitment to long-term growth, innovation, and collaboration. By incorporating LiCON into the group, we expand our product portfolio and market presence,” says David Modig, Chairman of Modig Machine Tool.
Company information:
LiCON
LiCON is an established company with a long tradition in providing high-performance machining solutions. With over 50 years of experience in the industry, the company employs around 200 people and is known for its horizontal machining centers and highly automated production systems designed for manufacturing environments with high volumes.
MODIG
MODIG is a provider of innovative manufacturing solutions with extensive expertise in the aerospace industry. In combination with advanced competencies in automation and robotics, MODIG delivers tailored solutions that optimize the productivity and efficiency of leading OEMs and direct suppliers worldwide.
IBARMIA
IBARMIA is a leading machine tool manufacturer specializing in the development and production of high-precision machining centers. IBARMIA is known for quality and innovation and serves a variety of industries, including capital goods, energy, and aerospace.
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