PaR Systems Inc. a provider of material handling, aerospace manufacturing, automation, and robotic solutions since 1961 and a portfolio company of MML Capital Partners, has acquired the major assets of Atlanta, Ga.-based CAMotion Inc. and CAMotion Cranes Inc., companies recognized as innovators in material handling utilizing Cartesian robotic technology for pick-and-place systems, palletizing and depalletizing machines, and advanced crane motion controls. The acquisition will bring a suite of products and technologies that will add to existing solutions and capabilities in the material handling and crane technologies to PaR businesses.
CAMotion has supplied high value process automation-based material handling equipment to some of the leading U.S. industrial companies and integrators to enhance manufacturing efficiency and throughput. A close relationship and on-going research activities with Georgia Tech have enabled knowledge exchange and commercialization of technology for highly specialized, complex manufacturing operations.
CAMotion has provided numerous crane control applications in various manufacturing industries. “Our robotic automation equipment includes case packing, palletizing, depalletizing, machine tending, and custom engineered machines, all of which complement PaR’s capabilities extremely well,” states Rob Loomis, president and CEO of CAMotion. “We are excited to be part of a company with PaR’s reputation and over 50 years of experience in the material handling and engineered product markets. Our team is excited knowing that our values, expertise, and operational capabilities align well.”
“CAMotion pioneered the use of advanced sensing, wireless safety, and motion synthesis, which complements a number of our client solution offerings and enhances the level of technology PaR offers. CAMotion brings disruptive technologies by delivering motion solutions that were previously either economically or technologically impossible,” states Mark Wrightsman, president and CEO of PaR Systems. “Like PaR, CAMotion’s customer base views them as a trusted partner for demanding and complex solutions and they continually adopt new technologies to add to their solutions arsenal. We are excited about the market opportunities CAMotion brings to the mix, and are pleased to welcome this quality organization to the PaR family,” continued Wrightsman.
Source: PaR Systems