Manufacturer acquires six-part automation group
A manufacturer in the region has acquired an automation systems group comprised of six separate entities around the world.
Holland-based JR Automation said last week it acquired Waverly, Iowa-based Doerfer Corporation’s automation systems group.
The group includes Greenville, South Carolina-based Advanced Automation, Nashville, Tennessee-based Wright Industries, Besancon, France-based FSA Systemes D’Assemblage, Cluj, Romania-based FSA Romania, Singapore-based PSB Technologies and equity interests in Beijing BYJC-Fabricom Assembly Line Co. Ltd.
Terms of the deal were not disclosed.
The transaction marks the first major acquisition for JR Automation under the ownership of Crestview Partners, a leading New York-based private equity firm, which acquired JR Automation in March 2015 as a platform for strategic growth in the industrial technology industry.
“The acquisition of these businesses will solidify JR Automation’s position as a global leader in creating automated solutions, enabling us to better serve the needs of all of our customers,” said Mike DuBose, JR Automation CEO and chair.
“In addition to increasing our presence in North America, this acquisition will extend JR’s footprint into Europe and Asia, further diversifying the end-markets and geographies we serve. Combining our operations, customer relationships and complementary areas of expertise will further establish us as a global leader in industrial automation and robotics systems integration.”
Established in 1980, JR Automation provides intelligent automated manufacturing and technology solutions to solve customers’ operational and productivity challenges.
The company serves customers across the globe in a variety of industries, including automotive, medical device, aerospace and more.
JR Automation employs nearly 1,700 people at 14 manufacturing facilities in North America, Europe and Asia.
Advanced Automation is a supplier of automated process technologies that involve reactive chemicals, acids and reagents. Primary end-markets served include the pharmaceutical, medical device, electronic and automotive industries.
For the past 50 years, Wright Industries has created automated solutions for the production of specialty/carbon fiber, films and webs, as well as hazardous waste handling. Primary end-markets include the aerospace, health care and textile industries.
FSA Systemes D’Assemblage
Over the past 30 years, FSA has provided custom-designed automation equipment, serving the needs of customers in the automotive, consumer and general industrial industries markets. FSA France’s primary facility is in Besancon with an engineering office in Valence.
FSA Romania designs and builds custom automation solutions for European customers in the consumer and automotive powertrain as well as other automotive end-markets.
For 20-plus years, PSB Technologies has provided high-precision automation equipment for Asia and beyond with a facility in the Bedok Reservoir industrial zone of Singapore. Primary end-markets include consumer electronics and medical devices.
Beijing BYJC-Fabricom Assembly Line Co. Ltd.
Beijing BYJC-Fabricom Assembly Line Co. Ltd. The joint venture produces automated production equipment, primarily for the automotive industry.