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I-Care Group Acquires Cepya Electronics And Strengthens Its Position As World Leader In Industry 4.0

Sep 29, 2023

Acquiring Company

I-care Group

Acquired Company

Cepya Electronics

MonsBelgiumManufacturingSoftwareHealth CareArtificial Intelligence

Description

I-care Group, world leader in machine health, announces the acquisition of Cepya Electronics, which specialises in the development and production of electronic cards. I-care intends to double Cepya Electronics' production capacity and thus become Belgium's leading manufacturer of industrial connected objects. With this sixth acquisition in six years, I-care confirms its vertical integration strategy and strengthens its position as world leader in industrial digital transformation.

Quick answer

I-care Group is acquiring Cepya Electronics, announced September 29, 2023. I-care Group is based in Mons, Hainaut, Belgium.

How much did I-care Group pay for Cepya Electronics?
The deal value was not disclosed.
What does I-care Group do?
I-care Group is a world leader in machine health.
Where are I-care Group and Cepya Electronics based?
I-care Group is based in Mons, Hainaut, Belgium. Cepya Electronics is based in Belgium.
Who are the decision-makers at I-care Group?
Fundz holds 1 contact at I-care Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Manufacturing and Software

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

I-care Group

Location

Mons, Hainaut, Belgium

About

I-care Group is a world leader in machine health. Their AI and data-driven solutions predict industrial failures months or even years before they occur. Thanks to I-care, machines around the world are safer, more productive and more durable. Founded in 2004 in Mons, the company employs over 700 people and has subsidiaries in 12 countries (Europe, USA and Asia) with customers in over 55 countries. I-care won the EY Company of the Year award in 2020.

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Frequently asked

Who acquired Cepya Electronics?

Cepya Electronics was acquired by I-care Group, based in Mons. The deal was reported on September 29, 2023. I-care Group is a world leader in machine health. Their AI and data-driven solutions predict industrial failures months or even years before they occur. I-care Group is privately held and operates in Manufacturing.

When did I-care Group acquire Cepya Electronics?

I-care Group's acquisition of Cepya Electronics was reported on September 29, 2023. I-care Group, world leader in machine health, announces the acquisition of Cepya Electronics, which specialises in the development and production of electronic cards. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cepya Electronics do?

Cepya Electronics is the company acquired in this transaction. It is privately held, and is based in Belgium.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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