Add-on Acquisition • Packaging

Adept Technology Acquires InMoTx

On January 5, 2011, Adept Technology acquired packaging company InMoTx

Acquisition Context
  • This is Adept Technology’s 1st transaction in the Packaging sector.
  • This is Adept Technology’s 1st transaction in the United States.
  • This is Adept Technology’s 1st transaction in South Dakota.

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M&A Deal Summary

Date January 5, 2011
Target InMoTx
Sector Packaging
Buyer(s) Adept Technology
Deal Type Add-on Acquisition
Advisor(s) The Greystone Group (Financial)

Target Company

InMoTx

North Sioux City, South Dakota, United States
InMoTx is a provider of flexible handling and packaging solutions with a concentration on delivering automation to the food processing industry.
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Buyer Overview 1

Buyer

Adept Technology

Pleasanton, California, United States

Category Company
Founded 1983
Sector Technology Hardware
Employees152
Revenue 54M USD (2015)
DESCRIPTION

Adept Technology, Inc. is a manufacturer of intelligent automation products including autonomous mobile robots, industrial robots, configurable linear modules, machine controllers for robot mechanisms and other flexible automation equipment as well as machine vision systems and software. Adept’s strategy is to provide a broad range of highly reliable integrated products with world-class service to help manufacturers maximize productivity, safety, flexibility and product quality.


Deal Context for Buyer #
Overall 1 of 1
Sector: Packaging 1 of 1
Type: Add-on Acquisition 1 of 1
State: South Dakota 1 of 1
Country: United States 1 of 1
Year: 2011 1 of 1