Phoenix Mecano acquires X2 Technology

We are pleased to inform you that as of 1st June 2021, the Phoenix Mecano group has acquired all the shares in X2 Technology AB.

The Phoenix Mecano Group is a global player in the field of Industrial Automation and is strengthening this strategic pillar with the acquisition of X2 Technology AB. X2 Technology AB is a manufacturer of lifting columns for high-end industrial and medical applications. By bringing together our joint global expertise in lifting columns, X2 Technology AB will be a powerful unit that will focus on the global development and manufacturing of these high-end columns.