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Automated Industrial Robotics Inc. Acquires Robotics & Drives

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Automated Industrial Robotics Inc. (AIR) has acquired Robotics & Drives (RDS), an Ireland-based industrial automation company. This acquisition strengthens AIR's European presence and enhances its ability to integrate robotics solutions into automated systems. The transaction was primarily funded by an Ares Management Private Equity fund.

RDS, founded in 2005, develops intelligent robotics solutions and offers standardized robotic products. With approximately 50 team members, RDS operates from a 32,000-square-foot facility in Mullingar, Ireland. This acquisition expands AIR's offerings and brings its total employee count to over 500, with an automation hub footprint exceeding 300,000 square feet across the US, Ireland, and the UK.

In conjunction with the acquisition, Vivian Farrell has been promoted to President of AIR, Ireland. She will oversee the implementation of AIR's growth strategy across all business units in Ireland, including Modular Automation and RDS.

Automated Industrial Robotics Inc. (AIR) ha acquisito Robotics & Drives (RDS), un'azienda irlandese di automazione industriale. Questa acquisizione rafforza la presenza di AIR in Europa e migliora la sua capacità di integrare soluzioni robotiche nei sistemi automatizzati. La transazione è stata finanziata principalmente da un fondo di Private Equity di Ares Management.

RDS, fondata nel 2005, sviluppa soluzioni robotiche intelligenti e offre prodotti robotici standardizzati. Con circa 50 membri del team, RDS opera da una struttura di 32.000 piedi quadrati a Mullingar, Irlanda. Questa acquisizione amplia l'offerta di AIR e porta il numero totale di dipendenti a oltre 500, con un'area dedicata all'automazione che supera i 300.000 piedi quadrati negli Stati Uniti, in Irlanda e nel Regno Unito.

In concomitanza con l'acquisizione, Vivian Farrell è stata promossa a Presidente di AIR, Irlanda. Si occuperà dell'implementazione della strategia di crescita di AIR in tutte le unità di business in Irlanda, comprese Modular Automation e RDS.

Automated Industrial Robotics Inc. (AIR) ha adquirido Robotics & Drives (RDS), una empresa irlandesa de automatización industrial. Esta adquisición fortalece la presencia de AIR en Europa y mejora su capacidad para integrar soluciones robóticas en sistemas automatizados. La transacción fue financiada principalmente por un fondo de Private Equity de Ares Management.

RDS, fundada en 2005, desarrolla soluciones robóticas inteligentes y ofrece productos robóticos estandarizados. Con aproximadamente 50 miembros en su equipo, RDS opera desde una instalación de 32,000 pies cuadrados en Mullingar, Irlanda. Esta adquisición amplía la oferta de AIR y lleva su número total de empleados a más de 500, con un área dedicada a la automatización que supera los 300,000 pies cuadrados en EE. UU., Irlanda y el Reino Unido.

Junto con la adquisición, Vivian Farrell ha sido promovida a Presidenta de AIR, Irlanda. Ella supervisará la implementación de la estrategia de crecimiento de AIR en todas las unidades de negocio en Irlanda, incluyendo Modular Automation y RDS.

Automated Industrial Robotics Inc. (AIR)는 Robotics & Drives (RDS)라는 아일랜드 기반의 산업 자동화 회사를 인수했습니다. 이 인수는 AIR의 유럽 내 입지를 강화합니다와 로봇 솔루션을 자동화 시스템에 통합할 수 있는 능력을 향상시킵니다. 이 거래는 주로 Ares Management의 사모펀드로 자금이 지원되었습니다.

2005년에 설립된 RDS는 지능형 로봇 솔루션을 개발하고 표준화된 로봇 제품을 제공합니다. 약 50명의 팀원이 있는 RDS는 아일랜드 Mullingar에 위치한 32,000 평방 피트 시설에서 운영되고 있습니다. 이 인수는 AIR의 제안을 확대하고 총 직원 수를 500명 이상으로 늘리며, 미국, 아일랜드 및 영국에 걸쳐 300,000 평방 피트 이상의 자동화 허브를 보유하게 됩니다.

인수와 함께 비비안 패럴이 AIR의 아일랜드 지사장으로 승진했습니다. 그녀는 아일랜드 내 모든 사업 부서, 특히 Modular Automation과 RDS의 AIR 성장 전략 실행을 감독할 것입니다.

Automated Industrial Robotics Inc. (AIR) a acquis Robotics & Drives (RDS), une entreprise irlandaise spécialisée dans l'automatisation industrielle. Cette acquisition renforce la présence d'AIR en Europe et améliore sa capacité à intégrer des solutions robotiques dans des systèmes automatisés. La transaction a été principalement financée par un fonds de Private Equity d'Ares Management.

RDS, fondée en 2005, développe des solutions robotiques intelligentes et propose des produits robotiques standardisés. Comptant environ 50 membres dans son équipe, RDS opère à partir d'une installation de 32 000 pieds carrés à Mullingar, en Irlande. Cette acquisition élargit l'offre d'AIR et porte le nombre total d'employés à plus de 500, avec un espace dédié à l'automatisation de plus de 300 000 pieds carrés aux États-Unis, en Irlande et au Royaume-Uni.

En parallèle de l'acquisition, Vivian Farrell a été promue Présidente d'AIR, Irlande. Elle supervisera la mise en œuvre de la stratégie de croissance d'AIR dans toutes les unités d'affaires en Irlande, y compris Modular Automation et RDS.

Automated Industrial Robotics Inc. (AIR) hat Robotics & Drives (RDS), ein irisches Unternehmen für industrielle Automatisierung, übernommen. Diese Übernahme stärkt AIRs Präsenz in Europa und verbessert die Fähigkeit, robotergestützte Lösungen in automatisierte Systeme zu integrieren. Die Transaktion wurde hauptsächlich durch einen Private-Equity-Fonds von Ares Management finanziert.

RDS, gegründet im Jahr 2005, entwickelt intelligente Robotiklösungen und bietet standardisierte Robotikprodukte an. Mit rund 50 Teammitgliedern betreibt RDS eine 32.000 Quadratfuß große Einrichtung in Mullingar, Irland. Diese Übernahme erweitert AIRs Angebot und erhöht die Gesamtzahl der Mitarbeiter auf über 500, mit einem Automatisierungszentrum, das mehr als 300.000 Quadratfuß in den USA, Irland und dem Vereinigten Königreich umfasst.

Im Zusammenhang mit der Übernahme wurde Vivian Farrell zur Präsidentin von AIR Irland befördert. Sie wird die Umsetzung der Wachstumsstrategie von AIR in allen Geschäftsbereichen in Irland, einschließlich Modular Automation und RDS, überwachen.

Positive
  • Acquisition strengthens AIR's presence in Europe
  • Enhances AIR's capabilities for integrating robotics into automated systems
  • Expands product portfolio with RDS's intelligent robotics solutions
  • Increases AIR's employee count to over 500
  • Expands automation hub footprint to over 300,000 square feet across three countries
Negative
  • None.

Transaction Reinforces AIR’s Presence in Europe and Enhances its Capabilities for Integration of Advanced Robotics into Automated Systems

Vivian Farrell Promoted to President of Automated Industrial Robotics, Ireland

LOS ANGELES--(BUSINESS WIRE)-- Automated Industrial Robotics Inc. (“AIR” or the “Company”) today announced the acquisition of Robotics & Drives (“RDS”), an Ireland-based industrial automation company focused on delivering innovative solutions through robotics technology. The transaction further reinforces AIR’s presence in Europe, strengthens the Company’s ability to integrate robotics solutions into its automated systems and adds to the product portfolio. The transaction was funded primarily by an additional investment from an Ares Management Private Equity fund (“Ares”).

Founded in 2005 by Ken McNevin, Stephen Nolan and Sharon McNevin, RDS develops intelligent robotics solutions tailored to specific customer needs with the goal of increasing quality, efficiencies and competitiveness. In addition to these bespoke solutions, RDS delivers a wide range of standardized robotic offerings that are easy-to-install and mobilized with minimal downtime. RDS is one of the largest robotics solutions providers in Ireland today with customers across various sectors, including CPG, food and beverage, medical devices, personal care, pharmaceutical and industrial cloud solutions. Supported by approximately 50 team members, RDS operates out of a 32,000-square-foot facility in Mullingar that also serves as an integrated robotics training center.

RDS’ capabilities in robotic software development and systems design meaningfully expand AIR’s offering for its diversified customer base. As part of AIR, research and development will continue to drive innovation in RDS’ solutions, and AIR will continue to leverage the significant engineering experience and capabilities in each of its hubs to offer a differentiated suite of automation offerings to simplify customers’ procurement processes. With the addition of RDS and its team of primarily engineers, AIR now has over 500 employees and an automation hub footprint of over 300,000 square feet across the United States, Ireland and the United Kingdom.

In connection with this acquisition, the Company is also pleased to announce the appointment of Vivian Farrell to the role of President of AIR, Ireland. Ms. Farrell is the current CEO of Modular Automation (“Modular”), which was acquired by AIR in 2023. In her expanded role, Ms. Farrell will oversee the implementation of AIR’s organic and inorganic growth strategy across all of the Company’s business units in Ireland, including Modular and RDS.

AIR Executive Chairman Brian Klos and Chief Executive Officer Darragh de Stonndún said, “We see tremendous growth potential in the demand for automated solutions, and we are excited to welcome the RDS team to AIR. We feel a strong sense of alignment with the RDS team and look forward to even greater opportunities for growth as we continue to invest in enhancing our talent, capabilities and innovation.”

Ken McNevin, Managing Director of RDS, said, “We are proud of the leading position RDS has earned in Ireland thanks to our team’s technical expertise and strong customer focus, and we are pleased to join AIR and facilitate RDS’ next phase of development. We are confident that AIR will help our organization further strengthen its customer service and offering, and we are excited to contribute RDS’ unique robotics capabilities for application across the entire AIR organization.”

Vivian Farrell, President of AIR, Ireland, said, “Since joining AIR in 2023, I have already seen the significant positive impact on Modular and our increased ability to meet customers’ needs. I am excited to continue leading Modular as well as partnering with the RDS team as we take this step to further capitalize on the demand for automated solutions in Ireland.”

Terms of the transaction were not disclosed.

About Automated Industrial Robotics Inc.

AIR is an industrial automation company focused on acquiring and facilitating the growth of leading industrial automation companies serving diverse end markets with strong operational histories and tenured management teams. Grounded in a culture of safety, transparency and pursuit of excellent customer experience, AIR seeks to leverage complementary teams and technologies to deliver innovative, cost-competitive solutions to address the complex and challenging needs of global businesses. With over 500 employees, AIR is currently serving a global customer base across four facilities located in the United States, Ireland and the United Kingdom.

About Robotics & Drives

RDS was founded in 2005 in Mullingar in response to the growing need for Robotics and Automation for manufacturing in Ireland. The company’s mission is to expand the boundaries of robotic technology by delivering highly innovative solutions for its clients. RDS currently employs ~50 people, mainly highly skilled robotic engineers and is one of the largest robotics solutions providers in Ireland. The growing team of engineers help the world’s most progressive manufacturers achieve unprecedented results. For more information, please visit RDS’ website at https://www.roboticsanddrives.ie/.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2024, Ares Management Corporation's global platform had over $447 billion of assets under management with more than 2,950 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

AIR

Dave Griffin, +353-87-2356521

dgriffin@industrialrobotics.com

Ares Management

Jacob Silber, +1-212-301-0376

Brennan O’Toole, +1-212-301-0391

media@aresmgmt.com or media.europe@aresmgmt.com

Source: Automated Industrial Robotics Inc.

FAQ

What company did Automated Industrial Robotics (AIR) acquire?

Automated Industrial Robotics (AIR) acquired Robotics & Drives (RDS), an Ireland-based industrial automation company focused on delivering innovative solutions through robotics technology.

How does the acquisition of RDS benefit AIR?

The acquisition reinforces AIR's presence in Europe, strengthens its ability to integrate robotics solutions into automated systems, and adds to its product portfolio. It also increases AIR's employee count and expands its automation hub footprint.

Who funded the acquisition of RDS by AIR?

The transaction was primarily funded by an additional investment from an Ares Management Private Equity fund.

What is Vivian Farrell's new role at AIR following the acquisition?

Vivian Farrell has been promoted to President of AIR, Ireland. She will oversee the implementation of AIR's organic and inorganic growth strategy across all of the company's business units in Ireland, including Modular Automation and RDS.

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