# Fagor Arrasate acquires 70% stake in Ribinerf

Fagor Arrasate has acquired 70% of the shares of Ribinerf, a Spanish company specializing in robotized machinery with 3D vision and AI for automation of parts classification, binpicking, racking and 3D verification.

- Type: Acquisition
- Announced: 2023-12-14
- Where: Girona, Spain, Spain
- Status: announced
- Products: robotized machinery with 3D vision and AI, automation solutions for parts classification, binpicking, racking, 3D verification
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.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/white-papers/apuesta-por-las-tecnologias-de-vision-artificial-e-ia/), 2023-12-14: "This acquisition provides Fagor Arrasate with market-leading technology for the automation of quality control, picking and racking processes, which are critical for our customers in the automotive, household appliance and steel sectors."

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