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Mirka acquires robotics specialist Flexmill

 Thursday, April 7, 2022

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World-leading abrasives and power tools manufacturer Mirka Ltd. announces the acquisition of 100% of the shares of the Finnish robotics company Flexmill, based in Nurmijärvi outside of Helsinki. Flexmill is an engineering and integrator company specializing in robotics and surface treatment automation, focusing on demanding sanding, polishing, and deburring applications. Typical applications include propellers, turbines, foundry products, and welded and machined structures. Flexmill offers programming and tooling solutions for surface finishing of even complex workpieces, even in small series production. The acquisition is a key part of Mirka’s strategy to expand its range in robotics.

“We welcome Flexmill into the Mirka Group and are really excited about the new competence we now have in Mirka. Flexmill’s specialized knowledge in robotics and automation and Mirka’s expertise in surface finishing and global market reach opens so many new opportunities,” says Mirka’s Chief Executive Officer Stefan Sjöberg.

Automation and robotization of labour-intensive and repetitive work steps in manufacturing, such as sanding, polishing, and surface finishing is a natural development and a strong trend. But automating handcraft and complex processes is a challenge, where also the work needs to be checked and verified during the working process with measurement systems, effectively replacing the operator’s eyes, controls, and judgment.

“Mirka has recently launched a whole family of electric sanding tools, for robotic sanding applications, and can now also offer complete solutions and integration services for automated and robotized surface finishing.” Stefan Sjöberg continues.

Flexmill was founded in 2017 as a spin-off from JOT Automation with Finnish Private Equity company Verso Capital as the Investor and main shareholder. Investing heavily in product development and building up the new spin-off Verso Capital laid a solid foundation for rapid growth.

“For Verso Capital, it was important to find a strategic buyer that could take the unique and world-leading robotics competence to the next level. In Mirka, we see a perfect match, and we are happy we could play our part in excelling robotics for the Finnish industry.” Marko Järvinen, partner in Verso Capital says.

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