# 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.

- Type: Acquisition
- Announced: 2024-05-06
- Where: Monterrey, Mexico, Mexico
- Jobs: 200
- Status: completed
- Products: automation technologies, robotics, machine vision, IoT applications
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Applied Industrial Technologies](https://endata.com/companies/2658.md) (acquirer)
- [Grupo Kopar](https://endata.com/companies/77226.md) (target)

## Sources

- [ir.applied.com](https://ir.applied.com/news/news-details/2024/Applied-Industrial-Technologies-Announces-Closing-of-Grupo-Kopar-Acquisition/default.aspx), 2024-05-06: "This acquisition represents a key strategic step in the expansion of our automation platform with the extension of our footprint into Mexico."
- [businesswire.com](https://www.businesswire.com/news/home/20240506309766/en/Applied-Industrial-Technologies-Announces-Closing-of-Grupo-Kopar-Acquisition), 2024-05-06: "This acquisition represents a key strategic step in the expansion of our automation platform with the extension of our footprint into Mexico."

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