Stemmer Imaging acquires Infaimon Group
Stemmer Imaging has the Spanish Infaimon S.L. acquired, a supplier of software and hardware for the field of industrial image processing and robotics. Under the agreement, Stemmer Imaging will pay a low double-digit million euro amount for the acquisition of 100% of the group's stake. As a result of the acquisition, the Management Board of Stemmer Imaging AG expects an additional revenue contribution of approximately EUR 18 million and an EBITDA contribution of approximately EUR 3 million in the 2019/2020 financial year. Consolidation is scheduled for 1 July 2019, subject to antitrust approvals.
Headquartered in Barcelona and with other subsidiaries in Portugal, Mexico and Brazil, Infaimon is a provider of image processing and image analysis techniques and their application in sought-after subsystems. In particular, the company has many years of expertise in so-called bin-picking applications. The subsystems play a key role in Industry 4.0 and Smart Factory. Among other things, they are used in the automation of production and logistics processes. For example, industrial robots access a processed blank from a production line and place it at the next processing location for further processing.