Cyberentik_Logo-White
thêm

Cybernetik Acquires Majority Stake in US-based Buffalo Extraction Systems

The acquisition will position Cybernetik as a pioneer in providing turnkey solutions in the field of extraction space.

Cryoethanol Extraction System

National, June 28, 2022: Industrial automation firm Cybernetik has acquired an 87.5% majority stake in Buffalo Extraction Systems for an undisclosed cash consideration. The acquisition will position Cybernetik as a pioneering provider of turnkey industrial automation solutions to the companies engaged in the extraction of medicinal plants, herbs, spices & essential oils. It will also expand Cybernetik’s presence to more markets around the world.  

Commenting on the development, Mahesh Wagle, Co-founder and Director of Cybernetik said, “Our acquisition of Buffalo Extraction Systems will open new networks for us in countries like Africa, India, Thailand, USA & South America. Given our experience in the extraction, industrial automation space, and manufacturing of high-end material handling and process automation solutions for over 30 years, the synergies between the companies are bound to create a lasting impact.

Organic Compund Extraction

Buffalo Extraction Systems was founded in 2019 in Bentonville, AR, by a young, dynamic group of technocrats to offer state-of-the-art extraction solutions for various industries. It undertakes the task of helping its clients navigate through the essentials of the extraction process from the concept to the commissioning.

Yogesh Jhamtani, CEO & Co-founder of Buffalo Extraction Systems said, “This investment will help us build capabilities to become global leaders in the EPC space & extraction equipment in the agro-produce extraction industry. We feel it's a natural progression and we are committed to bringing innovative solutions, while, at the same time, introducing new robust technologies and building the agro-processing industry, which is still in its nascent stages worldwide. With revenue targets of $20 million by 2025, we are just getting started.”


About Cybernetik:

Established in 1989, Cybernetik is an Indian industrial automation company that designs, builds and installs end-to-end, turnkey automation systems to serve the Food, Agro, Pharmaceutical, Chemical and other manufacturing industries. It operates through three verticals – Automation, Process and Extraction. Providing a single-source solution for all automation requirements, Cybernetik’s mission is to achieve excellence through technology with vision and hands-on experience. Headquartered in Pune, Cybernetik has two design offices, four manufacturing units and three international offices in the USA (Charleston), UAE (Dubai) and Vietnam (Ho Chi Minh).

NHỮNG BÀI VIẾT LIÊN QUAN

XEM TẤT CẢ
Cybernetik-Cosmetics Extraction-02
Cybernetik ventures into a new domain of automated solutions involving the extraction of organic substances for cosmetics and bio-products
The industrial automation firm recently acquired a majority stake in Buffalo Extraction Systems, ...
Đọc thêm "
Cybernetik 5th Manufacturing Unit - 02
Cybernetik to set up 5th manufacturing unit in Raigad, Maharashtra
With 120 personnel, the new plant will augment production capacity by 15x. National, August 24, 2...
Đọc thêm "
Cybernetik-MB-CRC-Press-Release-Header-Image
India’s Cybernetik to help Marine Bioproducts Cooperative Research Centre commercialize Australia’s marine bio products industry 
The project valued at $270 million overall, including partner cash and in-kind contributions. Nat...
Đọc thêm "
Trước Kế tiếp
Đóng
Kiểm tra chú thích
Mô tả thử nghiệm giống như thế này
Đứng đầu Thánh giáchevron-down
liên kết Facebook tiền lãi youtube rss twitter instagram facebook trống rss-blank liên kết trống tiền lãi youtube twitter instagram