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Completed
Synopsis
Kaho Partners-backed Addtronics, a mission-driven holding company dedicated to acquiring, empowering, and growing leading robotic automation solution providers, completed the acquisition of Missouri Tooling & Automation, a custom robotic automation systems provider. Financial terms were not disclosed. "We are very excited to partner with Addtronics. This is an important next step for MTA, as it provides our team with additional resources to deliver more value to our customers. We think this transaction will ultimately allow MTA to become a larger and stronger organization. MTA believes in Addtronics' mission to bring manufacturing back to the United States through automation, and we are thrilled to join their family of brands," Bob Archer, MTA President.
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