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RōBEX, a portfolio company of Angeles Equity Partners, acquired Acieta, a full-service manufacturing automation solutions provider, from Mitsui & Co. (U.S.A.).
RōBEX, a robotics and industrial automation solutions provider, has acquired Vantage Corporation, a Michigan-based industrial robotics manufacturer and integrator. This is RōBEX's first acquisition since being acquired by Angeles Equity Partners.
Angeles Equity Partners has simultaneously acquired RōBEX LLC and Mid-State Engineering LLC, two industrial automation integrators. RōBEX will serve as the platform investment with Mid-State as the first bolt-on acquisition. Financial terms were not disclosed.