PERRYSBURG, Ohio–(BUSINESS WIRE)–RōBEX LLC (“RōBEX”), an innovative provider of robotics and industrial automation solutions, today announced the acquisition of Vantage Corporation (“Vantage”), a Michigan-based industrial robotics manufacturer and integrator. The transaction is the first strategic acquisition by RōBEX since it was acquired by Angeles Equity Partners, a private investment firm focused on value creation through operational transformation. Through this strategic acquisition, RōBEX is strengthening its position as the market leader in diverse automation, inspection, assembly, and systems integration within the automotive, aerospace, biotech, and pharmaceutical industries.
“Vantage has an outstanding reputation in the automation field for its innovative technology and a world-class team. They are highly regarded for their deep technical expertise in robotic automation systems integration,” said Craig Francisco, President & COO of RōBEX. “Vantage’s highly technical, passionate, and well-trained employees will add to the high-performance culture at RōBEX. Vantage and RōBEX share many of the same values and approaches to innovative products and services. We are proud to welcome Vantage to the RōBEX platform. The combination will make us more competitive and help drive significant growth.”
Vantage Chief Executive Officer and Founder Tim White will remain in his position as CEO throughout the integration process. The terms of the acquisition were not disclosed.
Originally posted on BusinessWire on November 3, 2022.