BBS Automation said it plans to purchase high-speed automation supplier Kahle Automation to expand its medtech and life sciences business.
Kahle will operate as Kahle – a BBS Company, according to a news release from Munich, Germany-based BBS and Lombardy, Italy-based Kahle.
The deal is subject to regulatory approval. Terms were not disclosed.
Kahle’s co-owners — CEO Federico Ceresetti and President Julie Logothetis — will continue to lead the company.
“Partnering with BBS Automation was the logical next step in Kahle’s development,” Ceresetti said in the news release. “With access to BBS’ blue-chip customer base, its global reach and market-leading reputation, BBS will help Kahle take on larger projects and continue its successful growth trajectory. We are very proud to be part of the BBS family and help build out BBS’ global medtech and life sciences franchise.”
Kahle’s Lombardy headquarters will serve …