HandlingBarnes 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.
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<p>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.</p> © Gimatic