TMEIC Acquires Orbita's Ports and Terminals Division
April 1, 2022
TMEIC Corporation Americas, via its subsidiary TMEIC Port Technologies, S.L., completed the acquisition of the Ports and Terminals Division of Orbita Ingeniería, S.L. on April 1, 2022. The deal transfers Orbita's port automation, gate/crane/rail systems and OCR capabilities to TMEIC to expand its port automation offerings and global market reach.
- Buyers
- TMEIC Corporation Americas, TMEIC Port Technologies, S.L.
- Targets
- Ports and Terminals Division of Orbita Ingeniería, S.L.
- Sellers
- Orbita Ingeniería, S.L.
- Industry
- Transportation
- Location
- Valencian Community, Spain
- Transaction Type
- Divestiture
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