MODIG Machine Tool, headquartered in Kalmar, Sweden, has announced the strategic acquisition of LiCON, a respected German manufacturer known for its high-performance machining systems. The move reinforces the group’s long-term vision of building a diversified and future-focused organization dedicated to advanced machining technologies.
By aligning the expertise and resources of MODIG, IBARMIA, and LiCON, the group aims to accelerate product development, broaden its technology base, and enhance value creation for customers worldwide. The combined strengths of the three companies will support expanded market access and a more comprehensive solutions portfolio.
“This acquisition represents a significant step forward and underlines our commitment to sustainable growth, technological advancement, and strong partnerships. Integrating LiCON into the group strengthens our product offering and extends our global presence,” said David Modig, Chairman of MODIG Machine Tool.
MODIG Machine Tool is a provider of advanced manufacturing solutions with deep expertise in the aerospace sector. The company combines high-performance machining technology with sophisticated automation and robotics capabilities to deliver tailored solutions for leading OEMs and Tier suppliers worldwide.
By focusing on productivity, precision, and efficiency, MODIG enables manufacturers to meet demanding production requirements while maintaining superior quality standards. LiCON is a seasoned engineering firm with over five decades of expertise in high-performance machining technology. Employing around 200 professionals, the company specializes in horizontal machining centres and advanced automated production systems tailored for high-volume manufacturing operations.
IBARMIA is a leading machine tool manufacturer specializing in the design and production of high-precision machining centers. Recognized for its engineering excellence, quality, and innovation, IBARMIA supports a broad range of industries, including capital goods, energy, and aerospace. The company is known for delivering reliable, technologically advanced solutions that meet complex machining needs across global markets.
