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Handling

Günter Herkommer,

Barnes Group takes over Gimatic

The American Barnes Group, a provider of highly engineered products and solutions for industry and aviation, has announced the acquisition of Gimatic, an Italian supplier of components and system solutions for automation and handling.

Gimatic will operate as a new strategic business unit within the industrial segment of Barnes Group. The total value of the transaction, which is expected to be completed in the fourth quarter of 2018, is EUR 370 million.

© Gimatic

The Barnes Group, based in Connecticut, was founded in 1857 and serves the transportation, communications and manufacturing industries, among others, with its solutions. Founded in 1985, Gimatic S.r.l. develops and manufactures pneumatic and mechatronic components and system solutions for end customers and suppliers. The grippers, linear technology and sensors are used in the automotive, plastics, electronics, food, pharmaceutical and medical technology industries. The company has a sales network in Europe, North America and Asia.

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