M&A Deal Summary

Invio Automation Acquires Eagle Engineering

On July 17, 2018, Invio Automation acquired machinery company Eagle Engineering

Acquisition Highlights
  • This is Invio Automation’s 2nd transaction in the Machinery sector.
  • This is Invio Automation’s 5th transaction in the United States.
  • This is Invio Automation’s 1st transaction in Iowa.

M&A Deal Summary

Date 2018-07-17
Target Eagle Engineering
Sector Machinery
Buyer(s) Invio Automation
Deal Type Add-on Acquisition

Target

Eagle Engineering

Eldridge, Iowa, United States
Eagle Engineering, Inc. designs and manufactures custom weld stations, assembly fixtures, and automated test stands for the aerospace, agriculture, transportation, heavy construction, mining, and oil & gas industries. Eagle Engineering customers include John Deere, AGCO, Case New Holland Industrial, Genesis Systems Group, Doosan-Bobcat, Bridgestone, Caterpillar, and Winnebago Industries.

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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 5 of 8
Sector: Machinery M&A 2 of 4
Type: Add-on Acquisition M&A Deals 5 of 8
State: Iowa M&A 1 of 1
Country: United States M&A 5 of 8
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-20 Logic Plus

Reed City, Michigan, United States

Logic Plus is a UL certified electrical control cabinet and automated controls design and integration solutions provider. Logic Plus serves a broad range of industries including pharmaceutical, electrical battery, plating & anodizing, waste water treatment, food, automotive, and garage door production. Core competencies include custom designed and manufactured control systems, programmable logic controllers, process control automation, human machine interface, and automated material handling solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 PRI Robotics & Automation

Plymouth, United States

PRI Robotics & Automation, Inc. is a design, builds, and integrates robotic systems for applications that include machine tending, assembly, dispensing, material removal, arc welding, and quality inspection. PRI Robotics & Automation is based in Plymouth, United States.

Buy -