AGIC exits Italian robotics business for $436m
AGIC Capital, a private equity firm focused on cross-border investments, has exited its stake in Italian robotics supplier Gimatic to US-based industrial products manufacturer Barnes Group for EUR370 million ($436 million) in cash.
Gimatic manufactures robotic grippers, end-of-arm tools, sensors, and other automation components for industrial robotics systems. Its products are used by companies in the automotive, packaging, healthcare,...
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