Aut-Fit GmbH acquisition by AFT Spa

AFT spa, a Lambda Investments AG company -Swiss privatly owned operational Holding-via its fully controlled German subsidiary AFT Robotics Engineering (DE) GmbH has today reached the agreement for the acquisition of control of Aut-Fit GmbH, company specialised in designing and manufacturing 'mission critical' machines based in Reinbek- Hamburg area- also leader in robotised engineering solutions for vaste majority of assembly applications including automotive brake pads.
'Today starts a new journey for AFT and Aut-Fit- said Salvatore Torrisi AFT executive chairman and Lambda majority shareholder - which will drive and empower AFT Group in a leadership position in Italy and Europe for Industrial Automation business. With this new acquisition we trust on our capability to lead new challenges firstly on German market penetration in conjunction with our existing subsidiary AFT Robotics Engineering (DE) GmbH '.
Also, Andreas Meyer, Aut Fit MD, confirms ' how exciting is the wonderful fit between the two companies and large Synergies to leverage on'.
Acquisition will be fully completed within few weeks and it is immediately operational.