M&A Deal Summary

AIR Acquires Modular Automation

On January 25, 2024, AIR acquired machinery company Modular Automation

Acquisition Highlights
  • This is AIR’s 1st transaction in the Machinery sector.
  • This is AIR’s 1st transaction in Ireland.

M&A Deal Summary

Date 2024-01-25
Target Modular Automation
Sector Machinery
Buyer(s) AIR
Deal Type Add-on Acquisition

Target

Modular Automation

Shannon, Ireland
Modular Automation is a provider of specialist tool and die for advanced electronics manufacturers who required precise, reliable tools. Modular Automation enable the world’s medtech companies manufacture sophisticated, ultra-high quality, life-changing products, at scale. Leveraging the power of automation to fuel innovation, productivity, efficiencies and progress. Modular Automation was founded in 1986 and is based in Shannon, Ireland.

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Buyer(S) 1

Buyer

AIR

Rochester Hills, Illinois, United States

Category Company
Sector Machinery
DESCRIPTION

AIR is an industrial automation company focused on acquiring and facilitating the growth of industrial automation companies serving diverse end markets with strong operational histories and tenured management teams. AIR is based in Rochester Hills, Illinois.


DEAL STATS #
Overall 2 of 5
Sector: Machinery M&A 1 of 3
Type: Add-on Acquisition M&A Deals 2 of 5
Country: Ireland M&A 1 of 2
Year: 2024 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-25 Totally Automated Systems

Rochester Hills, Michigan, United States

Totally Automated Systems provides custom automation assembly systems across many industries, applying a wide range of proven technologies in the manufacturing environment. Totally Automated Systems vertical manufacturing processes have provided unparalleled speed, quality, value, and service to its customers. Its comprehensive product line reflects an in-depth understanding of the most critical technologies essential for automation in the decades ahead, showcasing its unwavering commitment to innovation and excellence. Totally Automated Systems is based in Rochester Hills, Michigan.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-21 Sewtec

West Yorkshire, United Kingdom

Sewtec invents, designs, manufactures, installs, and supports complete bespoke industrial automation solutions worldwide. Working with some of the best-known brands across various industries, the team solves complex engineering challenges that others cannot or will not tackle. Sewtec was founded in 1982 and is based in West Yorkshire, United Kingdom.

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