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.

Buyers
Applied Industrial Technologies
Targets
Automation, Inc.
Location
Minnesota, United States
Transaction Type
Buyout

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