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Automated Industrial Robotics (AIR), funded by Ares Management, acquired Modular Automation, a Shannon-based automation solutions provider for the medical technology industry.
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.
Automated Industrial Robotics Inc. (AIR) acquired Robotics & Drives (RDS), an Ireland-based industrial automation company, to reinforce AIR's presence in Europe and enhance its capabilities for integrating advanced robotics into automated systems.