Automated specialist Cimcorp acquired
Japanese machinery manufacturer Murata Machinery (Muratec) has acquired the stock of Cimcorp Oy of Finland.
The aim to to create a ‘one stop shop‘ for material handling automation.
Muratec and Cimcorp will continue their businesses as independent companies but the firms will explore cross-selling opportunities and co-operate on future technology.
Muratec makes equipment for logistics & automation, machine tools, textile machinery and much else.
Cimcorp is the top supplier for intralogistics automation in the tyre industry, as well as having solutions for a variety of retail and distribution applications.
“Muratec and Cimcorp have complementary solutions and capabilities that will help us to strengthen our market position,” stated Martti Artama, President of Cimcorp Oy. “The acquisition combines Cimcorp’s experience and competence in robotic solutions with Muratec’s warehouse automation technology.
“For the future,” continued Artama, “we aim to introduce new innovations for various manufacturing and distribution industries by integrating the experience and know-how that both Muratec and Cimcorp have developed. We are convinced that we can realise very compelling solutions with high returns on customers’ investments.”
