Hitachi completed the acquisition of JR Automation from Crestview Partners for $1.4bn.

Hitachi, a Japanese multinational conglomerate company, completed the acquisition of JR Automation, a provider of intelligent automated manufacturing and distribution technology solutions, from Crestview Partners, a private equity firm, for $1.4bn. "With JR Automation's robotic system integration capabilities, combined with Hitachi's digital solutions and technologies, we can provide customers with new, unparalleled value by connecting the whole process. We can now provide our customers with seamless solutions, connecting the entire value chain with data to achieve total optimization," Masakazu Aoki, Hitachi Executive Vice President and Executive Officer.