# Maxop Engineering buys majority stake in Faith Automation

Fairfax-backed Maxop Engineering has bought a majority stake in Pune-based Faith Automation Systems and Tooling, a design and engineering firm that automates production lines for vehicle manufacturers. The enterprise value is estimated at Rs 400-500 crore.

- Type: Acquisition
- Announced: 2026-11-01
- Where: Pune, India, India
- Status: announced
- Products: production line automation, robot programming, system integration
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Maxop Engineering](https://endata.com/companies/14935.md) (acquirer)
- [Faith Automation Systems and Tooling](https://endata.com/companies/14936.md) (target)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/maxop-engineering-buys-majority-stake-in-faith-automation/articleshow/135435491.cms), 2026-11-01: "Faith manages every stage of a project, from process planning and mechanical design through robot programming, system integration and on-site commissioning."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.