# Paragon acquires shareholding in Asic Robotics AG

Paragon Partners acquired a shareholding in Asic Robotics AG, a Swiss automation solutions provider, joining existing shareholders STS Management AG and Renaissance Anlagenstiftung. The transaction closed on July 12, 2018.

- Type: Investment
- Announced: 2018-07-12
- Where: Burgdorf, Switzerland
- Status: completed
- Products: custom-built automation machines
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Asic Robotics AG](https://endata.com/companies/18839.md)
- [Paragon Partners](https://endata.com/companies/18838.md) (investor)

## Sources

- [paragon.de](https://www.paragon.de/en/paragon-partners-beteiligt-sich-an-der-schweizer-asic-robotics-ag/), 2018-07-12: "We are deeply impressed by Asic’s market-leading position, gained from their hard work, innovative solutions and highest quality standards."

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