M&A Deal Summary

JR Automation Technologies Acquires Doerfer - Automation Systems Group

On December 22, 2017, JR Automation Technologies acquired machinery company Doerfer - Automation Systems Group from Doerfer

Acquisition Highlights
  • This is JR Automation Technologies’ 1st transaction in the Machinery sector.
  • This is JR Automation Technologies’ 1st transaction in the United States.
  • This is JR Automation Technologies’ 1st transaction in Iowa.

M&A Deal Summary

Date 2017-12-22
Target Doerfer - Automation Systems Group
Sector Machinery
Buyer(s) JR Automation Technologies
Sellers(s) Doerfer
Deal Type Divestiture

Target

Doerfer - Automation Systems Group

Waverly, Iowa, United States
Doerfer Corp. - Automation Systems Group is comprised of Advanced Automation, Wright Industries, FSA Systemes D'Assemblage, FSA Romania, PSB Technologies and equity interests in Beijing BYJC-Fabricom Assembly Line Co., Ltd.

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Buyer(S) 1

Buyer

JR Automation Technologies

Holland, Michigan, United States

Category Company
Founded 1980
Sector Information Technology
Employees2,000
Revenue 603M USD (2018)
DESCRIPTION

JR Automation Technologies LLC is a provider of intelligent automated manufacturing and technology solutions that solve customers' key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more. JR Automation employs over 2,000 people at 23 manufacturing facilities in North America, Europe, and Asia. Through thoughtful and dynamic collaboration, JR Automation creates innovative solutions for companies across the globe; helping them think, solve, and create.


DEAL STATS #
Overall 1 of 3
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Iowa M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-11 Setpoint Systems

Ogden, Utah, United States

Setpoint Systems, Inc. is a full service lean automation engineering company that specializes in design, build, and controls programming of turn-key custom automation solutions designed to precisely meet each customer's specifications and needs. The company specializes in robotics, assembly equipment, material handling, testing & inspection, and induction heating automation solutions.

Buy -

Seller(S) 1

SELLER

Doerfer

Waverly, Iowa, United States

Category Company
Founded 1961
Sector Machinery
DESCRIPTION

Doerfer Corp. is a provider of an engineered solutions and specialty tools and equipment for the mission critical systems of Aerospace and Defense customers.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Iowa M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1