WEMO Automation Overview
- Year Founded
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1987
- Status
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Acquired/Merged
- Employees
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77
- Latest Deal Type
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M&A
- Financing Rounds
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2
WEMO Automation General Information
Description
Manufacturer of industrial automation systems intended for the plastic industry. The company specializes in the design, production, and marketing of conveyor systems, robot systems that include linear pickers, side-entry robots, palletizing machinery, as well as systems with gripping functionality, thereby helping businesses automate their operations while reducing errors and injuries due to human interface.
Contact Information
Website
www.wemogroup.com(Operating Subsidiary)
Corporate Office
- Bredastensvägen 12
- 331 44 Varnamo
- Sweden
Corporate Office
- Bredastensvägen 12
- 331 44 Varnamo
- Sweden
WEMO Automation Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
WEMO Automation Comparisons
Industry
Financing
Details
WEMO Automation Competitors (2)
One of WEMO Automation’s 2 competitors is Novanta IMS, a Corporate Backed or Acquired company based in Marlborough, CT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Novanta IMS | Corporate Backed or Acquired | Marlborough, CT | ||||
| Danfoss | Accelerator/Incubator Backed | Nordborg, Denmark |
WEMO Automation Related Research & Analysis
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Verticals
WEMO Automation Patents
WEMO Automation Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-D496378-S1 | Gripping means for robots | Inactive | 04-Mar-2003 |
WEMO Automation Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
WEMO Automation Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
WEMO Automation FAQs
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When was WEMO Automation founded?
WEMO Automation was founded in 1987.
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Where is WEMO Automation headquartered?
WEMO Automation is headquartered in Varnamo, Sweden.
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What is the size of WEMO Automation?
WEMO Automation has 77 total employees.
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What industry is WEMO Automation in?
WEMO Automation’s primary industry is Machinery (B2B).
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Is WEMO Automation a private or public company?
WEMO Automation is a Private company.
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What is WEMO Automation’s current revenue?
The current revenue for WEMO Automation is .
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Who are WEMO Automation’s investors?
HAHN Automation Group has invested in WEMO Automation.
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Who are WEMO Automation’s competitors?
Novanta IMS and Danfoss are competitors of WEMO Automation.
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When was WEMO Automation acquired?
WEMO Automation was acquired on 30-May-2023.
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Who acquired WEMO Automation?
WEMO Automation was acquired by Yushin Company.
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