Applied Industrial Technologies closes acquisition of Grupo Kopar

Applied Industrial Technologies announced the closing of its acquisition of Grupo Kopar, a provider of automation technologies based in Monterrey, Mexico. The acquisition closed on May 1, 2024.

“This acquisition represents a key strategic step in the expansion of our automation platform with the extension of our footprint into Mexico.”ir.applied.com

• 2 sources
• ir.applied.comApplied Industrial Technologies, Inc. - Applied Industrial Technologies Announces Closing of Grupo Kopar AcquisitionMay 6, 2024
• businesswire.comApplied Industrial Technologies Announces Closing of Grupo Kopar AcquisitionRyan D. CieslakMay 6, 2024

Summarized from public sources; check the original articles before acting on it.