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.
- Industry
- Industrial Services
- Location
- Indiana, United States
- Transaction Type
- Buyout
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