Our Partnership with MODIG Expands Through the Acquisition of LiCON

Kalmar, Sweden, December 2025
MODIG, headquartered in Kalmar, Sweden, announces the strategic acquisition of LiCON, a well-established German machine tool manufacturer with a strong heritage in high-performance machining solutions. LiCON joins the organization alongside Modig Machine Tool and IBARMIA, in which the group holds a significant minority stake.

This acquisition supports the long-term goal of building a strong and diversified organization focused on advanced machining solutions. By combining competencies and resources across Modig Machine Tool, IBARMIA, and LiCON, the organization will be able to accelerate innovation and deliver even greater value to customers.

“This acquisition marks an important milestone for the Group and reflects our commitment to long term growth, innovation, and collaboration. By bringing LiCON into the group, we expand our product portfolio and market reach,” says David Modig, Chairman of Modig Machine Tool.

"We enthusiastically welcome LiCON, a highly prestigious European manufacturer, which expands the synergies and capabilities within the group," says Koldo Arandia, CEO & President of IBARMIA.

About LiCON

LiCON is a well-established company with a long history of delivering high performance machining solutions. With more than 50 years of experience in the industry, the company has approximately 200 employees and is known for its horizontal machining centers and highly automated production systems designed for high-volume manufacturing environments. www.licon.com

About IBARMIA

IBARMIA is a leading machine tool manufacturer specializing in the development and production of high precision machining centers. Known for quality and innovation, IBARMIA serves a wide range of industries, including capital goods, energy, and aerospace. www.ibarmia.com

About MODIG

MODIG is a provider of innovative manufacturing solutions with strong expertise in the aerospace industry. Combined with advanced capabilities in automation and robotics, MODIG delivers customized solutions that optimize productivity and efficiency for leading OEMs and Tier suppliers worldwide. www.modig.se