Ares Management launches AIR and acquires TA Systems and Modular Automation

Ares Management Corporation launched a new automation company, Automated Industrial Robotics Inc. (AIR), and acquired Totally Automated Systems (TAS) and Modular Automation as foundational companies. AIR was formed in August 2023.

“AIR is positioned to succeed through acquiring best-fit companies with key enabling technologies that will deliver growth in market reach and capacity.”industrialrobotics.com

• 1 source
• industrialrobotics.comAres launches industrial automation company; Acquires TA Systems & Modular Automation. - AIRmaverick_administratorJan 19, 2024

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