SMS Demag is acquiring the Electrical and Automation Division of Düsseldorf-based BEA Group. The division’s main areas of activity lie in the field of industrial automation for the metallurgical and steel industry, automotive industry and for logistics applications. The range of products and services comprises the complete planning and implementation of electrical and automation projects and is also characterized by know-how in the area of modernization projects in the metallurgical and steel industry.
Following the acquisition, which is scheduled to be completed at the end of February 2009, the division will continue to be operated as an independent company under the name of LUX Elektrotechnik und Automation GmbH & Co. With the acquisition, SMS Demag has established itself as an integrated systems supplier, offering all-inclusive mechatronic solutions for the steel industry.
SMS Demag Acquires Division of BEA Group
January 27, 2009