# Excelrise invests €1.5M to robotize Semo Packaging site in Vecoux

Excelrise completed a €400,000 investment for two robots at Semo Packaging's Vecoux site, part of a €1.5 million global robotization plan. The investment was announced on November 24, 2017.

- Type: Investment
- Announced: 2017-11-24
- Where: Vecoux, Vosges, France
- Value: $1.77M (1.50M EUR)
- Status: completed
- Products: flexible plastic packaging, robotic packaging systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [ExcelRise](https://endata.com/companies/5031.md)
- [Semo Packaging](https://endata.com/companies/28367.md) (target)

## Sources

- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/breve/excelrise-boucle-son-investissement-sur-le-site-semo-packaging-111215), 2017-11-24: "Cette enveloppe vient compléter un plan global d'investissement d'un montant total de 1,5 million d'euros pour robotiser le site vosgien."

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