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Altenov has signed a protocol to acquire CIP Automation, a 30-employee automation company based in Lamballe, France, specializing in automation for the agri-food industry, particularly dairies.
Altenov is investing €12 million in a new 10,000 m² plant in Betton near Rennes, France, to support its 4-5% annual growth. The facility will create about 20 jobs and is expected to be operational by autumn 2019.
| Site | Largest | Latest |
|---|---|---|
| Betton, France | $14.8M | 2018-02-15 |