Murata Machinery Ltd. acquired AGVE AB (manufacturer of Automatic Guided Vehicle, Sweden)
Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to Murata Machinery, Ltd in the acquisition of 100% of the shares of AGVE AB (manufacturer of Automatic Guided Vehicle, Sweden).
Murata Machinery, Ltd engages in textile machinery, machine tools, sheet metal machinery, automated systems, clean FA systems, communication equipment.
The AGVE Group is a leading provider of Automated Guided Vehicles (AGV) and control devices, having 60 dedicated employees working on AGV automation worldwide. They keep the AGV design and the manufacturing in-house, and have sold more than 2.500 vehicles and 3.500 control units throughout the world. From single components for automated guided vehicle control, to fully integrated material handling systems, they offer a wide range of products featuring standard, as well as custom built, vehicles.
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