# Frontmatec acquires 40% stake in AIRA

Frontmatec entered into an agreement to acquire 40% of the shares in AIRA, a Spanish supplier of robotic solutions for the meat industry. Founder Xavi Jané López will continue as Managing Director and majority shareholder.

- Type: Acquisition
- Announced: 2018-09-12
- Where: Cardona, near Barcelona, Spain
- Status: announced
- Products: robotic solutions for the meat industry
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Aira](https://endata.com/companies/11996.md) (target)
- [Frontmatec](https://endata.com/companies/19030.md) (acquirer)

## Sources

- [meatingpoint-mag.com](https://meatingpoint-mag.com/news/frontmatec-enters-into-partnership-with-aira/), 2018-09-12: "Frontmatec has entered into an agreement to acquire 40% of the shares in ASSESSORAMENT INDUSTRIAL ROBÒTICA I AUTOMATITZACIÓ, S.L. (“AIRA”), a leading supplier of advanced robotic solutions for the meat industry."

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