Angeles Equity Partners Acquires Acieta from Mitsui to Expand Robotics Integration Platform [Yahoo! Finance]
MITSUI & CO LTD ADR (MITSY)
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Source: Yahoo! Finance
LOS ANGELES, January 23, 2024 BUSINESS WIRE )--An affiliate of Angeles Equity Partners, LLC ("Angeles"), a private investment firm focused on value creation through operational transformation, today announced the acquisition of Acieta LLC ("Acieta"), a Midwest-based industrial robotics manufacturer and integrator, from Mitsui & Co. (U.S.A.), Inc. ("Mitsui"). This transaction marks the fourth strategic acquisition by Angeles in the robotics integration sector, complementing its current platform consisting of RoBEX, Mid-State Engineering, and +Vantage. Acieta further expands the business' equipment tending, welding, and palletizing capabilities across a broader set of end markets including agriculture, foundry and die, welding and fabrication, and construction and building products. Headquartered in Waukesha, WI, Acieta is a full-service automation solutions provider with significant systems, controls, and software engineering capabilities developed since its inception in 1983. Over
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