Rockwell Automation acquires conveyor supplier MagneMotion
Merger will support development of magnetically driven carts for material handling.
Rockwell Automation Inc. has acquired MagneMotion, a manufacturer of intelligent conveying systems.
Terms of the deal were not disclosed.
MagneMotion systems are used across a broad range of industrial applications including automotive and general assembly, packaging and material handling.
“This acquisition continues our strategy to build a portfolio of smart manufacturing technologies that brings next generation performance to our customers today,” said Rockwell Automation vice president and general manager of motion control business Marco Wishart. “MagneMotion expands our existing capabilities in independent cart technology. Our recent acquisition of Jacobs Automation and its iTRAK technology is complementary to MagneMotion’s portfolio. We see a future where the transportation of products within the factory, whether inside of a particular machine or between machines, will be fully controlled to optimize the productivity and flexibility of the entire process.”
MagneMotion, based in Devens, Mass., will be integrated into Rockwell Automation’s motion business, within its architecture and software segment. The acquisition is expected to close this quarter.
Headquartered in Milwaukee, Wis., Rockwell Automation employs approximately 22,000 people serving customers in more than 80 countries. The company’s Canadian operation is headquartered in Cambridge, Ont.