• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Privacy
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Video
  • Webinars
  • White papers
  • Press releases
  • Featured companies
    • AMD Xilinx
    • BlueBotics
    • Elite Robot
    • RGo Robotics
    • SICK Sensor Intelligence
    • Vicor Power
jr automation industrial robots

Hitachi to acquire robotic systems integrator JR Automation for $1.4 billion

April 24, 2019 by Mai Tao

Hitachi has entered into a definitive contract for the acquisition of the robotic system integrator business mainly operated by an American headquartered company, JR Automation.

Hitachi will conduct the acquisition with Crestview Partners.

Subject to the terms and conditions of the contract, Hitachi will acquire JR Automation, which builds production lines and logistics systems using industrial robots.

As a result of this acquisition, Hitachi will enter the robotic systems integrator business in North America, which is a region that is expected to see a high rate of growth.

The acquisition is expected to be executed by the end of 2019, subject to the satisfaction of certain regulatory and other customary closing conditions.

In the industry sector, Hitachi will continue to accelerate the global rollout of the robotic systems integrator business, together with the acquisition of KEC Corporation, a Japanese robotic system integrator, for which an acquisition contract was completed by Hitachi Industrial Equipment Systems in March 2019.

In 2017, Hitachi acquired Sullair, an American manufacturer and seller of air compressors, marking a full-scale entry into the North American industrial product business.

With the acquisition of JR Automation, Hitachi will acquire JR Automation’s customer base in the OT domain, along with advanced robotic SI technologies, know-how, and resources.

Additionally, the acquisition of JR Automation will allow Hitachi to further expand its Lumada Solution business, globally.

Lumada is Hitachi’s advanced digital solutions, services, and technologies business, which helps customers and management turn their workplace data into insights to drive digital innovation.

In recent years, in the manufacturing and logistics fields, there has been a growing demand for automation because of decreased working age populations, intensifying global competition, and further quality improvement requirements to prevent significant product recalls.

As a result, the global robot-based automation market continues to expand, with a high average growth rate exceeding 10 percent per year.

Since its establishment in 1980, JR Automation has been involved in the robotic systems integrator business, building production lines that incorporate industrial robots, predominantly in North America but increasingly around the world.

It is capable of designing, building, and adjusting not only specific lines but entire production lines, and demonstrates “unique strengths and expertise in robot-based assembly and welding processes”, according to Hitachi.

As such, JR Automation has a robust customer base across a wide range of industries, including the automotive, aerospace, e-commerce, and medical device industries.

In Hitachi’s industry sector, as part of its efforts to become a “Best Solution Partner” for industrial customers, Hitachi is expanding its Lumada Solution business by leveraging its combined strengths in products, operations technology, and information technology.

To further strengthen the business in the OT domain, Hitachi Industrial Equipment Systems executed a contract in March 2019 for the acquisition of KEC, a Japanese robotic system integrator.

The acquisition of JR Automation will allow Hitachi to acquire additional advanced technologies, know-how, and resources in the robotic SI business that JR Automation has cultivated over many years, in addition to a customer base across a broad range of industries.

Meanwhile, JR Automation will use Hitachi’s advanced research and technology and resources, aiming to add value to its robotic systems integrator business by utilizing data.

In the Industry Sector, Hitachi will roll out a robotic systems integrator business by leveraging the resources of JR Automation, with its customer base in the US and other regions globally, in addition to Hitachi Industrial Equipment Systems and KEC, with their customer mainly bases in Japan and other parts of Asia.

As a result of these initiatives, Hitachi will expand Lumada Solutions globally.

Specifically, 4M data from the workplace, obtained by the robotic systems integrator business, will allow for Lumada Solutions to expand across multiple fields, including visualization, manufacturing optimization, logistics, and maintenance.

In this way, Hitachi seeks to contribute to improving the value of our customers’ businesses by seamlessly visualizing and analyzing businesses as a whole, from the workplace all the way through to management.

Masakazu Aoki, executive vice president, Hitachi, says: “I am extremely pleased that we have reached an agreement on the acquisition of JR Automation.

“Securing JR Automation’s robotic systems integrator business in North America is an important milestone for us.

“By providing customers with new value that combines Hitachi’s products, OT, IT, and advanced digital technologies, we will accelerate the global rollout of our Social Innovation Business.”

Bryan Jones, CEO, JR Automation, says: “We are very excited to partner with Hitachi to take this next step in the company’s evolution.

“With our combined capabilities, Hitachi and JR Automation will be a uniquely qualified global leader in next generation smart manufacturing, and this partnership will enable us to continue to drive tangible value creation for our customers through innovative custom solutions.

“On behalf of everyone at JR Automation, I would like to thank the team at Crestview Partners and outgoing chairman Mike DuBose for their outstanding partnership and leadership during this period of dramatic global growth for JR Automation.”

The acquisition price for JR Automation is $1,425 million on a cash-free debt-free basis.

The total purchase price is subject to a possible post-closing adjustment. For example, in the event of certain fluctuations in JR Automation’s net working capital or net liabilities.

Print Friendly, PDF & Email

Share this:

  • Print
  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Tumblr
  • Pinterest
  • Skype
  • WhatsApp
  • Telegram
  • Pocket

You might also like…

Filed Under: Industry, News Tagged With: acquisition, automation, business, global, hitachi, hitachi industrial equipment systems, industrial, integrator, jr, jr automation, robotic, systems, will

Join the Robotics & Automation News community

Primary Sidebar

Latest articles

  • How do you heat a car to sleep?
  • Florida university opens Blendid robotic smoothie kiosk
  • Robots vs CNCs: What’s better for working metal?
  • Thermal imaging cameras in the food industry
  • IDS offers its industrial camera users free update to its new deep learning method
  • August Robotics machines helping with floor marking at Leipzig Messe
  • Security robots ‘deter crime and minimize risk’, says Knightscope
  • Schneider Electric invests €40 million in new smart factory in Hungary
  • Jabil to manufacture Sarcos’ robotic systems
  • Smart Robotics launches new robotic mixed case palletizer

Most Read

  • Stiga launches ‘world’s smartest’ autonomous lawn mower
    Stiga launches ‘world’s smartest’ autonomous lawn mower
  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Difference Between Three-Phase and Single-Phase Power
    Difference Between Three-Phase and Single-Phase Power
  • Agility Robotics launches next generation of its humanoid worker robot
    Agility Robotics launches next generation of its humanoid worker robot
  • Scientists have found more water in space than they ever knew possible
    Scientists have found more water in space than they ever knew possible
  • Schneider Electric invests €40 million in new smart factory in Hungary
    Schneider Electric invests €40 million in new smart factory in Hungary
  • Top 20 programmable logic controller manufacturers
    Top 20 programmable logic controller manufacturers
  • Qualcomm releases ‘groundbreaking IoT and robotics’ platforms
    Qualcomm releases ‘groundbreaking IoT and robotics’ platforms
  • DeepRoute.ai launches $1,000 ‘map-free’ self-driving solution
    DeepRoute.ai launches $1,000 ‘map-free’ self-driving solution
  • Robots vs CNCs: What’s better for working metal?
    Robots vs CNCs: What’s better for working metal?

Overused words

ai applications automated automation automotive autonomous business companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile operations platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse work

Secondary Sidebar

Latest news

  • How do you heat a car to sleep?
  • Florida university opens Blendid robotic smoothie kiosk
  • Robots vs CNCs: What’s better for working metal?
  • Thermal imaging cameras in the food industry
  • IDS offers its industrial camera users free update to its new deep learning method
  • August Robotics machines helping with floor marking at Leipzig Messe
  • Security robots ‘deter crime and minimize risk’, says Knightscope
  • Schneider Electric invests €40 million in new smart factory in Hungary
  • Jabil to manufacture Sarcos’ robotic systems
  • Smart Robotics launches new robotic mixed case palletizer

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

Archivists

April 2019
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Mar   May »

Complex

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT