Preh IMA Automation GmbH Acquires Evana Tool & Engineering, Inc.

May 5, 2016

Preh Group's automation subsidiary Preh IMA Automation GmbH (PIA) has acquired Evana Tool & Engineering, Inc., a turnkey provider of automation solutions based in Evansville, Indiana. The acquisition gives Preh a foothold in North America and expands its automation and systems-integration capabilities across automotive, healthcare, and industrial end markets.

Buyers
Preh IMA Automation GmbH, Preh Group
Targets
Evana Tool & Engineering, Inc.
Sellers
Phillips Service Industries, Inc.
Location
Indiana, United States
Transaction Type
Buyout

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