Automated Industrial Robotics Inc. Acquires Robotics & Drives

October 10, 2024

Automated Industrial Robotics Inc. (AIR), a PE-backed industrial automation platform, has acquired Ireland-based Robotics & Drives (RDS). The acquisition, funded primarily by an additional Ares Management private equity fund investment, expands AIR's robotics software and systems design capabilities and strengthens its presence in Europe; terms were not disclosed.

Buyers
Automated Industrial Robotics Inc., Ares Management Corporation
Targets
Robotics & Drives
Platforms
Automated Industrial Robotics Inc.
Location
Ireland
Transaction Type
Addon

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