Stemmer Imaging buys Infaimon for bin picking tech
Stemmer Imaging has bought Spanish firm Infaimon, a provider of software and hardware for machine vision and robotics. The deal is reported to be in the low tens of millions of euros for all Infaimon’s shares.
Stemmer Imaging expects the acquisition to result in an additional revenue contribution of around €18 million and an EBITDA contribution of around €3 million in the 2019/2020 financial year.
Subject to approval by the antitrust authorities, consolidation is planned starting from 1 July 2019.
Headquartered in Barcelona with subsidiaries in Portugal, Mexico and Brazil, Infaimon is a provider of machine vision and image recognition processes. The company has many years of expertise in bin picking applications, working in automated production lines and in logistics, among other areas.
Stemmer Imaging CEO, Arne Dehn, noted: ‘The Infaimon locations in Brazil and Mexico will give us opportunities to advance into other regions such as the USA in the future.’
He said: ‘With the acquisition of Infaimon, we are now represented in almost all major European markets. Infaimon meets our requirements for acquisitions in the best possible way: we will immediately broaden our sales network, expand our product and service range with innovative technologies, and gain a high-margin company.’
‘[Being part of Stemmer Imaging] will enable us to leverage the great potential for bin picking applications in the European market in a timely and efficient manner,’ commented Salvador Giro, CEO of Infaimon.