# Hitachi completes acquisition of JR Automation

Hitachi, Ltd. completed the acquisition of JR Automation Technologies, LLC from funds managed by Crestview Partners. The agreement was announced on April 23, 2019, and the deal closed on December 27, 2019.

- Type: Acquisition
- Announced: 2019-12-27
- Where: Holland, Michigan, United States
- Value: $1.42B
- Status: completed
- Products: robotic systems integration, IIoT solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Crestview Partners](https://endata.com/companies/377.md) (investor)
- [Crestview Partners](https://endata.com/companies/377.md) (partner)
- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [JR Automation](https://endata.com/companies/15177.md) (target)
- [JR Automation Technologies](https://endata.com/companies/38930.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/hitachi-completes-acquisition-of-jr-automation-300979541.html), 2019-12-27: "Hitachi, Ltd. and JR Automation Technologies, LLC today announced that Hitachi has completed the acquisition of the robotic SI business mainly operated by JR Automation from funds managed by Crestview Partners."
- [moodyonthemarket.com](https://www.moodyonthemarket.com/hitachi-ltd-completes-deal-to-acquire-jr-automation-including-stevensville-plant/), 2019-12-31: "It's uplifting to see how closely our two companies are aligned and I'm excited about what the opportunities are going forward."
- [roboticsandautomationmagazine.co.uk](https://www.roboticsandautomationmagazine.co.uk/news/ai/jr-automation-acquired-by-hitachi.html), 2020-01-03: "It’s uplifting to see how closely our two companies are aligned and I’m excited about what the opportunities are going forward."
- [roboticsandautomationnews.com](https://roboticsandautomationnews.com/2020/01/06/hitachi-completes-acquisition-of-jr-automation/28219/), 2020-01-06: "It's uplifting to see how closely our two companies are aligned and I'm excited about what the opportunities are going forward."

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