# Sercel acquires 34% stake in AMBPR with option to increase to 51%

Sercel, a subsidiary of CGG, acquired a 34% stake in start-up AMBPR, which designs autonomous robots for repairing large metallic structures. Sercel has an option to increase its stake to 51% in 2021.

- Type: Acquisition
- Announced: 2020-07-07
- Where: Saint-Gaudens, France, France
- Status: completed
- Products: autonomous robots for repairing large metallic structures
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Sercel](https://endata.com/companies/13542.md) (acquirer)
- [AMBPR](https://endata.com/companies/48384.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/articles/cgg:-sercel-buys-34-stake-in-robots-start-up-ambpr-option-to-lift-to-51-in-2021-2020-07-07), 2020-07-07: "Sercel is pleased to support AMBPR with its industrial expertise and production capacity."

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