AAE Acquires Solara Automation to Expand Factory Automation Solutions in the U.S.
Photo Credit: Solara Automation
RALEIGH, N.C., July 9, 2024 (VSNewsNetwork.com) - Solara Automation, based in Morrisville, NC, has been acquired by AAE, a high-tech machine and module manufacturer headquartered in Helmond, The Netherlands. This acquisition will combine AAE's advanced technology with Solara Automation's extensive experience in industrial automation to enhance factory automation solutions in the United States.
Solara Automation has been providing customized industrial automation solutions for over 20 years. The acquisition is part of AAE's internationalization strategy to address the needs of its globally operating customers. Steve Crouch of Solara Automation commented, “Ever-increasing demand for factory automation and robotics fueled our desire to partner with a larger firm with the expertise and resources to support rapid growth. Early in our discussions, we learned that our missions and technical abilities were complementary. Still, more importantly, we found strong alignment with a people-centric, working-together culture that drives success. We can accomplish great things together."
AAE is known for offering solutions in various sectors, including semiconductor, medical, automotive, food and beverage, toys, office, photovoltaic, analytical, and life science industries. The partnership with Solara Automation will enhance their offerings across these markets.
The combined entities will expand to a new 100,000-square-foot facility in the Triangle area, allowing them to produce more complex and larger machines. This expansion will support both Solara's growth and AAE's ambitions in the U.S. market.
For more information visit www.solaraautomation.com.
Source: Solara Automation via Newswire
