2 Acquisitions of Companies in Cologne

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Cologne. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Cologne .

LIOS Technology acquired by Luna Innovations

Details about the transaction:

Acquisition amount:

$21,885,789

Announcement:

14 March 2022

Details about the company:

LIOS Technology creates distributed temperature sensor devices that operate in the frequency domain.

Headquarter:

Cologne, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Energy, Logistics, Manufacturing, Sensor

Details about the buyer:

Products for the healthcare, telecommunications, energy, and defense industries are developed by Luna Innovations.

Headquarter:

Roanoke, Virginia, United States

Where to find them:

Flying Sheep Studios acquired by iCandy Interactive Limited

Details about the transaction:

Acquisition amount:

$2,163,155

Announcement:

8 June 2022

Details about the company:

A game development studio is called Flying Sheep Studios.

Headquarter:

Cologne, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Gaming, Online Games, PC Games, Video Games

Details about the buyer:

One of the major game developers in Southeast Asia, iCandy Group creates both traditional and Web3 games that are cross-platform.

Headquarter:

Melbourne, Victoria, Australia

Where to find them: