Prevas takes over Unibap's industrial business in robotics and AI
Today, Prevas announces that the previously announced letter of intent for the transfer of Unibap's industrial operations has been successfully implemented. The companies have agreed on a transfer of business regarding the employees and ongoing assignments of Unibap's industrial operations. The business will move over to join Prevas on August 1, 2023.
Caption: Magnus Welén (Prevas AB), Johan Åhman (Unibap AB) and Hans-Erik Wikman (Prevas AB).
Unibap is world renowned for its smart applications for AI and digitalization that contribute to a more efficient and sustainable industry and aerospace. Through the acquisition of Unibap's industrial business, Prevas will be able to benefit from their technical expertise and experience in the continued development of sustainable and innovative AI-based solutions. Unibap's industrial business has 4 employees and their customer base consists of international customers.
“We welcome our new colleagues and are delighted with the merger. Within Prevas, Unibap's industrial business will become part of our core business and together we will continue to drive advances in AI and help to shape the smart industries of the future", says Magnus Welén CEO of Prevas.
Prevas has a strong position in product and production development, it is a leader in digitalization and automation of Nordic industry. A continuing strong trend is the increasing need for deep technical expertise. Not least the need to understand complex problems, find and deliver solutions to them, and have the ability to take responsibility for them.
“It is important to us that we work with interesting and innovative technologies, in our projects and together with our customers. This acquisition is therefore fully in line with our strategy as we acquire customers and a modern technology platform that further strengthens our expertise in AI and Vision”, says Hans-Erik Wikman Prevas Regional Manager, Stockholm.
The transition will take place on August 1 and is expected to have a marginally positive impact on Prevas’ earnings per share during the current financial year.