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STEMMER IMAGING Purchases Infaimon

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STEMMER IMAGING has entered into an agreement to purchase Spanish company Infaimon SL, a software and hardware provider for machine vision and robotics. Under the agreement, STEMMER IMAGING will pay a sum in the low tens of millions of euros for the acquisition of all shares in Infaimon, which is headquartered in Spain with subsidiaries in Portugal, Brazil, and Mexico. The management board of STEMMER IMAGING expects the acquisition to result in an additional revenue contribution of around €18 million and an EBITDA (earnings before interest, taxes, depreciation, and amortization)...Read full article

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    Published: May 2019
    BusinessEuropeStemmer ImagingInfaimonacquisitionslight speedThe News Wire

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