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Homepage / Company / News / MODIG Expands Through the Acquisition of LiCON
13.01.2026

MODIG Expands Through the Acquisition of LiCON

LiCON is pleased to announce that in December 2025, the company became part of the MODIG family.

With this announcement, LiCON joins the organization headquartered in Kalmar, Sweden, strengthening its capabilities through the combined strengths in high performance machining solutions. Through this transaction, MODIG has acquired 100 percent of the shares in LiCON, making the company a wholly owned subsidiary. 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 organization, the product portfolio and market reach are expanded,” says David Modig, Chairman of Modig Machine Tool.

About LiCON

LiCON is a well-established company with a long history of delivering high performance machining solutions. The company is known for its horizontal machining centers and highly automated production systems designed for high-volume manufacturing environments.

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.

More information: www.modig.se

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.

More information: www.ibarmia.com

In the picture from left: Winfried Benz, CEO of LiCON and David Modig, Chairman Modig Machine Tool