GE Vernova to acquire Canadian robotics firm Robotech Automation

Investing.com -- GE Vernova Inc. announced Thursday the signing of a definitive agreement to acquire Robotech Automation, a specialized robotics and automation systems integrator based near Montreal, Quebec, Canada.

Robotech is a private company that employs approximately 35 people and delivers customized automation solutions through in-house design, engineering, and integration capabilities supported by a network of manufacturing partners.

"Robotech brings exactly the kind of specialized talent, proprietary systems, and hands-on integration expertise that will accelerate what we're building in robotics and automation at GE Vernova," said Scott Strazik, CEO of GE Vernova. "GE Vernova is committed to advancing our capabilities in areas that are critical to how we operate and compete with excellence, and this acquisition is a focused, strategic step to add key talent, accelerate our organic programs, and establish a world-class robotics deployment capability within our Advanced Research Center."

Carl Thibault and Francis Bourbonnais, Robotech's co-founders, said joining GE Vernova marks an exciting new chapter for their team. "GE Vernova's leadership truly understands the importance of innovation, automation, and robotics in staying competitive in the global market, and we are confident our team will thrive contributing to that vision," they said.

The acquisition would support ongoing robotics and automation efforts within GE Vernova's Advanced Research Center for deployment across the company's supply chain to improve safety, quality, delivery and cost outcomes.

GE Vernova and Robotech are currently collaborating on projects within GE Vernova's supply chain, including at the company's factories in Schenectady, New York and Charleroi, Pennsylvania.

Financial terms of the acquisition were not disclosed. The transaction is expected to close in early third quarter of 2026, subject to certain closing conditions.

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