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. For more information, visit x2technology.se/news/phoenix-mecano-acquires-x2-technology-ab/.