UX Group's Landmark Sale to Steliau Technology

The UX Group, a high-tech service provider specializing in smart connected devices headquartered in Gilching near Munich, has been sold to the Steliau Technology Group. This group is a portfolio company of the international private equity firm Astorg and is situated in Rungis near Paris. The transaction was facilitated by the advisory services of CMS, a law firm whose team, led by partner Dr. Malte Bruhns, offered comprehensive legal and tax advice to UX’s shareholders. The legal support also extended to reinvestment strategies for individual sellers and senior management into Steliau's various participation programs. UX Group is known for enabling digital transformations in the food & beverage, medical technology, and industrial retail sectors by integrating embedded systems, HMI, IoT, and AI across the value chain from strategy to lifecycle services. Similarly, Steliau Technology is renowned as a prominent distributor of HMI, IoT, and embedded systems solutions catering to varied retail markets across Europe. This acquisition marks a significant consolidation in the tech solutions sector, with Steliau and its backers at Astorg further bolstering their portfolio.