SITA Acquires Materna IPS

May 21, 2024

SITA has agreed to acquire Germany-based Materna IPS, a provider of passenger handling and self-bag-drop solutions, in a deal announced on Tuesday for an undisclosed amount and subject to regulatory approvals. The acquisition expands SITA's airport and passenger-processing capabilities by combining Materna IPS's kiosk and self-service technologies with SITA's digital travel, biometrics and airport operations solutions.

Buyers
SITA
Targets
Materna IPS
Industry
Transportation
Location
North Rhine-Westphalia, Germany
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.