# Automated Industrial Robotics acquires Modular Automation

Automated Industrial Robotics (AIR), funded by Ares Management, acquired Modular Automation, a Shannon-based automation solutions provider for the medical technology industry.

- Type: Acquisition
- Announced: 2024-02-05
- Where: Shannon, Ireland
- Status: completed
- Products: automation solutions for medical technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Ares Management](https://endata.com/companies/7464.md) (investor)
- [Automated Industrial Robotics Inc.](https://endata.com/companies/17775.md) (acquirer)
- [Modular Automation](https://endata.com/companies/43898.md) (target)

## Sources

- [clareecho.ie](https://www.clareecho.ie/modular-automation-acquired-in-new-deal-with-major-us-investor/), 2024-02-05: "SHANNON company Modular Automation has been acquired by the newly established Automated Industrial Robotics which is funded by a major US investor."

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