IMAP advises SCIO Automation on the acquisition of MFI GmbH
This is the third successful transaction of IMAP Germany together with SCIO.
SCIO Automation GmbH, based in Frankenthal and majority owned by Quadriga Capital, strengthens its industrial automation competence by acquiring MFI GmbH.
MFI, headquartered in Benningen am Neckar, was founded in 1994 with a focus on electrical engineering and software development. Today, the company offers tailor-made intralogistics and robotics solutions as well as 24/7 support services. With its over 100 employees in Germany, the company operates as a system integrator for complex intralogistics and robotics solutions. Its automated storage and material handling solutions are tailored to customers in the food industry. With this acquisition, SCIO expands its portfolio in the field of intralogistics and adds specialized expertise in the food industry as well as a proprietary warehouse management software.
As a medium-sized platform in the field of industrial automation technology and related engineering services, SCIO comprises niche suppliers with decades of experience in their respective fields of activity. Customers come from the automotive, intralogistics, chemical, food, clean room and electronic, life science and medical technology industry as well as energy supply and the environmental technology sector.
"MFI’s automation solutions add an additional layer to SCIO’s current offering, enabling us to immediately engage in joint projects for our combined customer base. MFI contributes specialized know-how and innovative strength in programming and manufacturing to the group. The overall package makes MFI a strong partner for our platform," outlines Michael Goepfarth, CEO of SCIO Automation.
“I look forward to further develop MFI as part of the SCIO Automation Group and to offer our extensive know-how to many customers from other industries. SCIO offers a wide range of opportunities for us to strengthen our market position and take on larger projects," says Daniel Mihali, Managing Director of MFI, about the reasoning behind joining SCIO.
The IMAP team consisting of Karl Fesenmeyer, Philipp Noack and Carl-Benedict Schmucker advised SCIO Automation GmbH in all phases of the transaction process. This is the third successful transaction of IMAP Germany together with SCIO.
The transaction is subject to approval by the antitrust authorities and expected to be completed in December.