Seller: HTI Cybernetics
Transaction Type: Sell Side M&A
Headquarters: Sterling Heights, MI
Overview: HTI Cybernetics is a leading North American provider of customized manufacturing automation solutions, including turnkey robotic welding systems, assembly systems and ergonomic solutions principally for the automotive industry. Beginning with conceptualization, the Company designs, engineers, constructs, integrates and tests automated production cells and fully-integrate assembly systems.
Buyer: NanSun Technology Holding, Inc.
Overview: NanSun Technology Holding, Inc. is the wholly-owned subsidiary of Chongquing NanSun Automation Technology Co., LTD, itself an affiliate of Chongqing Nanshang Investment (Group) Co., LTD (“Nanshang”). Nanshang was established and funded in October 2013 by a consortium of 33 private enterprises and entrepreneurs with the Nanchuan District, which is the largest private enterprise group based on registered capital.