# Fagor Arrasate acquires 70% stake in Ribinerf

Fagor Arrasate acquired a 70% stake in Ribinerf, a company specializing in industrial robotics, 3D vision and AI for automating part quality control, picking and racking processes.

- Type: Acquisition
- Announced: 2023-06-07
- Where: Spain
- Status: completed
- Products: industrial robotics, 3D vision systems, AI-based automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fagor Arrasate](https://endata.com/companies/6248.md) (acquirer)
- [Ribinerf](https://endata.com/companies/70710.md) (target)

## Sources

- [fagorarrasate.com](https://fagorarrasate.com/general/fagor-arrasate-takes-a-stake-in-the-capital-stock-of-ribinerf/), 2023-06-07: "This acquisition provides Fagor Arrasate with market-leading technology for the automation of quality control, picking and racking processes."

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