Algol Technics strengthens automation and robotics expertise by acquiring entire shareholding in Co-Automation
Algol Oy subsidiary Algol Technics is strengthening its expertise in automation and robotics by acquiring the entire remaining shareholding in Co-Automation Oy, a Finnish company based in Vaasa. Algol Technics initially acquired a 75% shareholding in Co-Automation at the start of 2018. The acquisition will increase the ability and capacity of Algol Technics to supply customers with even larger robotics and automation products and services.
Co-Automation is a systems supplier of industrial production and packaging cells and lines built around robotics. The company is a forerunner of 3D design for production, in which a robot cell can be programmed and tested already in the design phase.
“State-of-the-art industrial automation and robotics are a key part of our strategy. This integration enables us to develop a first-class design and project organisation. It allows us to supply our customers with automation systems that significantly boost their productivity and competitiveness,” says Martin Evers, Managing Director of Algol Technics.
Martin Evers, Managing Director, Algol Technics, tel. +358 40 183 5870
Sami Kivioja, Co-Automation Oy, tel. +358 50 441 6210
Algol Technics is a partner to industry and expert in material handling solutions. The company plays an active role in the development of intralogistic solutions, automation and robotics, and it represents numerous international suppliers to the railway industry in Finland. Algol Technics is part of the Algol Group. Find out more: www.algoltehnics.fi and www.co-automation.fi