China's Agic Capital buys Italian robotics firm for European automation tech

China's Agic Capital buys Italian robotics firm for European automation tech

Photo: Pixabay

Agic Capital, a Chinese-European private equity fund launched last year, has agreed to buy Gimatic S.r.l., an Italian supplier of robotic tools, for an amount above €100 million ($112.6 million).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter