# Gefran acquires 24.83% stake in Robot at Work for EUR 576,000

Gefran has acquired a 24.83% minority stake in Robot at Work, an Italian startup specializing in robotic cells and automation systems, for EUR 576,000. The deal includes call options for a further 30% stake.

- Type: Acquisition
- Announced: 2023-12-20
- Where: Rovato, Italy
- Value: $630K (576K EUR)
- Status: announced
- Products: robotic cells, collaborative cells, visual control systems, virtual commissioning
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Gefran S.p.A.](https://endata.com/companies/64476.md) (investor)
- [Robot at Work](https://endata.com/companies/74555.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/GEFRAN-S-P-A-76240/news/Gefran-acquires-minority-stake-in-Robot-at-Work-45604880/), 2023-12-20: "We are very pleased with this agreement, which reinforces the partnership with a strategic supplier for Gefran."

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