IAR Group from Zofingen (Switzerland), which specializes in automation systems, is taking over Sontec AG from Hochdorf (Switzerland), which is active in the fields of automated testing technology, assembly automation, robotics and image processing, with immediate effect.
With this acquisition, the IAR Group strengthens its position in the global market for industrial automation and increases its production capacity in Switzerland.
“I am very pleased about this early succession solution, which is ideal for the future of the company and its employees,” says Othmar Amrein, former owner of Hochdorf-based Sontec. [Read more…] about IAR Group strengthens market position through acquisition of Sontec