By Carlo Martuscelli

 

Airbus SE (AIR.FR) said Thursday that it has acquired a historical partner, U.S. industrial automation business MTM Robotics, for an undisclosed sum.

The airplane maker said that it will keep MTM's current staff and leadership. The acquired business has worked with Airbus for more than 10 years, Airbus said, with a number of MTM robotics system in use in the company's manufacturing plants.

"The acquisition marks the latest step for Airbus in its industrialization roadmap, aimed at leveraging the time- and cost-saving benefits associated with using robotics in the manufacture and assembly of its commercial aircraft," it added.

 

Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu

 

(END) Dow Jones Newswires

December 12, 2019 11:54 ET (16:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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