Advanced Integration Technology in April completed the acquisition of KUKA’s Systems U.S. aerospace division, strengthening its robotics solutions capabilities for customers in the aerospace and defense space.
Terms of the deal, which was first announced last December, were not disclosed. The acquisition satisfies requirements of U.S. regulators related to the sale of Germany-based KUKA AG to China’s Midea.
KUKA Aerospace North America is based in Michigan and provides robotic technologies used in aerospace assembly. Its customers include Textron’s [TXT] Bell division, Boeing [BA], General Dynamics’ [GD] Gulfstream business jet division, and other aerospace and defense contractors.
Texas-based Advanced Integration provides automation, factory integration, and tooling solutions to the global aerospace and defense industries. Its customers include Boeing, Lockheed Martin [LMT], Northrop Grumman [NOC], Spirit AeroSystems [SPR], Triumph [TGI] and Canada’s Bombardier.
KUKA Aero’s senior management will remain with the company.
Advanced Integration is a portfolio company of the private equity firm Onex Partners. Advanced Integration’s financial advisor on the deal was Houlihan Lokey.