Phoenix Mecano strengthens Mechanical Components division by acquiring BEWATEC Kommunikationstechnik GmbH – acquisition will enhance DewertOkin`s medical applications capabilities
(WorldNews Switzerland)

Media Release Phoenix Mecano strengthens Mechanical Components division by acquiring BEWATEC Kommunikationstechnik GmbH - acquisition will enhance DewertOkin`s medical applications capabilities Stein am Rhein/Kloten, September 25, 2020. The Phoenix Mecano Group is to acquire all shares in BEWATEC Kommunikationstechnik GmbH, based in Telgte, Germany. The transaction is expected to close in the fourth quarter of 2020, subject to regulatory approvals. The takeover will give Phoenix Mecano access to digital hospital infrastructure and enhance its expertise in software development. The BEWATEC group will join with Phoenix Mecano`s existing DewertOkin business to form a competence centre for...