M&A Deal Summary

Invio Automation Acquires Auto Craft Tool & Die

On August 9, 2016, Invio Automation acquired manufacturer Auto Craft Tool & Die

Acquisition Highlights
  • This is Invio Automation’s 1st transaction in the Manufacturing sector.
  • This is Invio Automation’s 2nd transaction in the United States.
  • This is Invio Automation’s 2nd transaction in Michigan.

M&A Deal Summary

Date 2016-08-09
Target Auto Craft Tool & Die
Sector Manufacturing
Buyer(s) Invio Automation
Deal Type Add-on Acquisition

Target

Auto Craft Tool & Die

Algonac, Michigan, United States
Auto Craft Tool & Die, Inc. is a provider of advanced industrial material handling systems and specialized tooling. Auto Craft’s products include door and instrument panel carriers and automatic guided carts that safely and efficiently transport material in factory environments.

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Buyer(S) 1

Buyer

Invio Automation

Lansing, Michigan, United States

Category Company
Founded 1974
Sector Machinery
DESCRIPTION

Invio Automation designs, builds, and sustains advanced industrial solutions used to solve complex manufacturing needs. The company's proven portfolio of Industry 4.0 technology includes autonomous guided vehicles (AGVs), collaborative robot systems, traditional robotics, assembly automation & simulation, 3D printing tool development & production, and Factory of the Future consulting for manufacturers. Invio Automation was formed in 1974 and is based in Lansing, Michigan.


DEAL STATS #
Overall 2 of 8
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 2 of 8
State (Michigan) 2 of 4
Country (United States) 2 of 8
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-09 3-D Sales

Algonac, Michigan, United States

3-D Sales, Inc. is a distributor of industrial ergonomic and work cell construction components. 3-D Sales application engineers work with companies to make custom kitting carts and operator workstations using brands such as 80/20 aluminum extrusion.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-07 Polker Design Services

Rochester Hills, Michigan, United States

Polker Design Services specializes in designing highly flexible automated manufacturing and robotic assembly systems for blue-chip customers in a variety of end markets. The company’s specialties include mechanical design, robotic simulation, and lean manufacturing for MIG weld systems, pierce units, automatic and robotic resistance, weld guns, and checking/drill fixtures.

Buy -