# Qatar Investment Authority to acquire minority stake in AIT

Qatar Investment Authority agreed to acquire a minority interest in AIT, the world's largest provider of factory automation to aerospace, defense, and space launch sectors. The transaction is expected to close in 2022.

- Type: Acquisition
- Announced: 2022-02-22
- Where: Plano, Texas, United States
- Status: announced
- Products: factory automation, tooling solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Onex Corporation](https://endata.com/companies/2293.md) (partner)
- [ait-group](https://endata.com/companies/10870.md) (target)
- [Qatar Investment Authority](https://endata.com/companies/21405.md) (acquirer)
- [Qatar Investment Authority](https://endata.com/companies/21405.md) (investor)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/02/22/2389116/0/en/AIT-Qatar-Investment-Authority-Onex-Announce-Partnership.html), 2022-02-22: "QIA will acquire its interest in AIT through a combination of primary capital and partial sales by the company’s two existing shareholders."
- [globenewswire.com](https://www.globenewswire.com/news-release/2022/02/22/2389116/0/en/ait-qatar-investment-authority-onex-announce-partnership.html), 2022-02-22: "Qatar Investment Authority ('QIA'), the sovereign wealth fund of the State of Qatar, through its affiliates, has agreed to acquire a minority interest in AIT, the world's largest provider of factory automation to the aerospace, defense, and space launch sectors."

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