Faromatics - Ownership and Business Overview

MachineryCompany

Faromatics Ownership

Who owns Faromatics?

Faromatics is owned by AGCO. It was acquired on September 10, 2021.

Faromatics Business Overview

Where is Faromatics headquartered?

Faromatics is headquartered in Vilanova i la Geltrú, Spain.

What sector is Faromatics in?

Faromatics is a machinery company.

When was Faromatics founded?

Faromatics was founded in 2016.

Machinery M&A Summary in 2021

Out of 60 sectors in the Mergr database, machinery ranked 23 in number of deals in 2021. The largest machinery acquisition in 2021 was Welbilt - which was acquired by Ali Group S.r.l. for $4.8B.

Join Mergr to view all 171 acquisitions of machinery companies in 2021, including 48 acquisitions by private equity firms, and 123 by strategics.

Faromatics

Farm Robotics and Automation S.L.

Rambla St Jordi, 1-3 baixos,
Vilanova i la Geltrú, 08800
Spain,
+34 93 159 79 99
www.faromatics.com

Faromatics is a precision livestock farming company. Faromatics is the creator of ChickenBoy, the ceiling-suspended robot that monitors broiler chickens and helps farmers increase animal welfare and farm productivity. ChickenBoy uses a complete set of sensors to measure thermal sensation, air quality, light and sound. It also uses artificial intelligence (AI) to identify risks to health, welfare and farm equipment. Faromatics was founded in 2016 and is based in Vilanova i la Geltrú, Spain.


Company Summary

SECTOR

Machinery

Established

2016

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