Spain

Frontmatec acquires a 40% stake in Aira

Mergers & Acquisitions

Frontmatec plans to purchase 40% of the shares in Assessorament Industrial Robotica i Automatitzacio (AIRA), a leading supplier of advanced robotic solutions for the meat industry.

Posted on Sep 04 ,06:22

Frontmatec acquires a 40% stake in Aira

The company announced in a press release that the current owner and founder Xavi Jané López will continue as Managing Director and majority shareholder.

Frontmatec expects the new deal to provide it with unique competencies in robotic solutions, complementing the already strong automation portfolio of Frontmatec. The partnership will focus on supporting the increasing level of automation in the global meat industry.

“Currently we are seeing a rapid increase in the demand for advanced robotic solutions in the market and, thus we are very pleased about the partnership with Xavi and his team. The partnership will position Frontmatec/AIRA as the undisputed leader supplying robotic solutions to the industry and we are looking very much forward to begin the journey together,” Henrik Andersen, CEO.

Founded in 2001, AIRA is a highly reputable Spanish company offering advanced robotic solutions to the meat industry. AIRA has a large installed base and is located near Barcelona with 23 highly skilled employees.

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