Acquisitions in Saxony, Germany

Remazing Group acquired Namox, a Dresden-based Amazon agency, to expand its European online marketplace services capabilities. Namox brings expertise in Amazon content production, brand store creation, PPC/DSP advertising, and international marketplace expansion, adding around 40 brands to the group’s portfolio and supporting further growth through shared technology and centralized functions.

INNO FRICTION GmbH acquired the Industrial Friction Materials division of TMD Friction Services GmbH, including the COSID brand, effective July 1. The deal expands INNO FRICTION’s product portfolio in industrial friction linings and related applications and strengthens its position in the European market. The acquired division’s machinery and equipment are to be relocated from Coswig to INNO FRICTION’s headquarters in Hamm/Sieg.

Accenture acquired SYSTEMA, a Dresden, Germany-headquartered provider of manufacturing automation software solutions and consulting services, strengthening Accenture’s Industry X capabilities for semiconductor and other high-tech manufacturers. SYSTEMA’s team of 240+ employees will join Accenture, expanding expertise in connecting legacy production equipment and enhancing manufacturing execution systems with analytics and optimization. Financial terms were not disclosed.

ASSA ABLOY acquired TeleAlarm Group, a Germany-based European provider of remote care technology combining hardware and software solutions that support independent living across social care and home care settings. TeleAlarm (founded 1956; ~70 employees; headquartered in Leipzig) will join ASSA ABLOY’s Global Solutions business area within Senior Care, and the deal is expected to be EPS accretive from the start.

Funds advised by Bregal Unternehmerkapital (BU) have invested in Communardo Holding GmbH, becoming the majority investor to support Communardo’s customer-centric growth strategy. The partnership is intended to accelerate Communardo’s expansion across Europe and broaden its service and software portfolio for digital workplace solutions. Existing investor PROM12 and Communardo’s management team will retain significant stakes in the company.

Kerry Group acquired Leipzig-based c-LEcta GmbH, a biotechnology company focused on enzyme engineering and biotech products for regulated markets such as food and pharmaceuticals. SHS, the prior growth investor and lead investor in c-LEcta, sold its stake after supporting product development and international expansion. Kerry intends to further internationalize and expand c-LEcta’s enzymes and bio-actives offering for food and pharmaceutical markets.

G&N Gefahrenmelde- und Nachrichtentechnik GmbH (G&N), a portfolio company of AURELIUS Growth Investments (AURELIUS Wachstumskapital SE & Co. KG), acquired Braune GmbH on May 21, 2021. Braune provides technical building technology services including fire alarm systems, security technology, and IT/telecommunications, and will strengthen G&N’s footprint in the Leipzig/Dresden metropolitan area. The deal is G&N’s third add-on acquisition in 2021 as part of AURELIUS’s buy-and-build strategy.

AVS Verkehrssicherung, a Triton Fund IV portfolio company, signed an agreement to acquire SRV Verkehrstechnik GmbH, a provider of road marking and construction site traffic safety services. The deal terms were not disclosed, and the acquisition is positioned as an expansion of AVS’s service portfolio and regional reach in Germany.

Canopy Biosciences, LLC acquired Zellkraftwerk GmbH, adding Zellkraftwerk’s ChipCytometry-based multiplex cytometry products and research services to Canopy’s genomics and gene editing offerings. Concurrent with the acquisition, Canopy also closed a strategic growth investment from Ampersand Capital Partners to support expansion of its multi-omics platform and geographic reach.

Apologistics, a Germany-based digital health platform and online pharmacy with automated fulfillment operations in Leipzig, announced a strategic partnership with THI Investments. THI Investments will invest a total of EUR 60 million to support expansion of Apologistics’ Leipzig site, development of an additional automated logistics center, and continued strengthening of its technology platform to drive growth and consolidation.