Electro-Matic Ventures Inc., a supplier of high-tech automation components and services headquartered in Farmington Hills, Mich., in March announced it had acquired RAF Fluid Power, a provider of advanced automation with a focus on pneumatic and robotic solutions. RAF, located outside Cleveland in Solon, Ohio, is the first acquisition for Electro-Matic Ventures, which has three other subsidiaries: Electro-Matic Products, Electro-Matic Integrated, and Electro-Matic Visual.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-04-13
CTE source: https://ctemag.com/news/electro-matic-ventures-acquires-raf-fluid-power/
Legacy path: /electro-matic-ventures-acquires-raf-fluid-power