Applied Industrial Technologies Acquires Automation, Inc.
November 2, 2022
Applied Industrial Technologies (NYSE: AIT) has acquired Automation, Inc., a Minneapolis-based provider of automation products, engineered solutions, and value-added assembly services. The acquisition expands Applied's automation capabilities and geographic footprint in the U.S. Upper Midwest, adding a team of more than 50 associates and established customer relationships across pharmaceutical, manufacturing, life sciences, and consumer products markets.
- Targets
- Automation, Inc.
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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