Brown Machine Group (BMG) Acquires aXatronics Robotics Capabilities

BGM Group Ltd Acquires YX Management Company Ltd to Strengthen AI-Powered Intelligent Platform

April 28, 2025

AI & Machine Learning

BGM Group Ltd. (NASDAQ: BGM) completed its acquisition of YX Management Company Ltd. ("YX"), acquiring 100% of YX by issuing 47.5 million Class A ordinary shares to YX’s existing shareholders. The deal values YX at US$95.0 million and is intended to accelerate BGM’s AI-driven transformation of its intelligent platform (DuXiaoBao).

Addtronics Acquires Bow Robotics

May 18, 2023

Industrial Services

Addtronics, a Kaho Partners‑backed holding company focused on robotic automation solution providers, has acquired Bow Robotics, a West Chester, Ohio firm that provides spare parts, rebuild & repair services, and preventative maintenance for industrial robots. Bow's founder William "Bill" Bow will remain as President as the business becomes the third addition to the Addtronics platform, expanding the platform's aftermarket parts and services capabilities.

Addtronics (Kaho Partners) Acquires Missouri Tooling & Automation

January 31, 2023

Industrial Services

Addtronics, a mission-driven holding company backed by Kaho Partners, has acquired Missouri Tooling & Automation (MTA), a custom robotic automation systems provider based in Lebanon, Missouri. The deal is the second add-on for the Addtronics platform and is intended to expand Addtronics' capabilities, end-market coverage, and geographic footprint in industrial automation.

LBMX Acquires Buying Group Services (BGS)

January 1, 2022

Professional Services

LBMX Inc., a London, Ontario–based business marketplace platform provider, acquired Buying Group Services (BGS) in an all‑shares transaction effective January 1, 2022. The acquisition adds managed services capabilities to LBMX's existing EDI, PIM and eCommerce offerings, enabling expanded services (including central payments and PIM enrichment) for independent distributors, buying groups and suppliers across end markets such as HVAC, electrical, plumbing, building materials and food service equipment.

Brown Machine Group Acquires GN Thermoforming Equipment

March 1, 2021

Manufacturing

Brown Machine Group (a portfolio company of Industrial Growth Partners) acquired GN Thermoforming Equipment on March 1, 2021. The acquisition expands BMG's thermoforming and packaging machine portfolio, adds GN's contact-heat and form-cut stack thermoforming technologies, and increases access to GN's international customer base (over half of GN's sales are outside North America).

ASTI Mobile Robotics Group Acquires InSystems Automation

October 10, 2019

Transportation

ASTI Mobile Robotics Group has completed a full acquisition of Germany-based InSystems Automation GmbH, integrating its proANT mobile-robot product line and team. The deal expands ASTI's AGV and mobile robotics portfolio, strengthens its presence in the DACH region and the United States, and increases the group workforce to over 300 employees.