# Linamar enters exclusive manufacturing agreement and invests in IMSystems

Linamar Corporation entered an exclusive Global Manufacturing Agreement with IMSystems to bring the Archimedes Drive transmission system to market, and made a minority equity investment as part of a €3 million Series A round.

- Type: Partnership
- Announced: 2021-08-11
- Where: Netherlands, Netherlands
- Value: $3.50M (3.00M EUR)
- Status: announced
- Products: Archimedes Drive transmission system, gearbox
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Linamar](https://endata.com/companies/2609.md) (partner)
- [Innovative Mechatronic Systems B.V.](https://endata.com/companies/57041.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/linamar-announces-global-exclusive-manufacturing-agreement-and-investment-in-automation-amp-robotics-gearbox-leader-imsystems-899047036.html), 2021-08-11: "This strategic partnership is another great step for us into the opportunistic industrial robotics market, given the growing global trend of industrial automation."

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