Plymouth-based Applied Automation (UK) has acquired the brand, intellectual property and assets of Somerset-based CME Automation Systems, following its liquidation. Details of the transaction have not been released. Administrators were appointed at CME in May, despite it having received "significant" private equity backing in 2023. CME (Colin Mear Engineering) specialised in automated lines [...] The post Applied Automation acquires assets of CME Automation Systems first appeared on Drives&Controls.
