Aut-Fit GmbH acquisition completion by AFT Spa

AFT spa, part of Lambda Investments AG group holding, has today announced the completion of the recently announced acquisition of 100% shares of 'Aut-Fit GmbH ' based in Hamburg area thru its Germany based subsidiary AFT Robotics (DE) GmbH. The combination of two companies will empower and strengthen AFT group position in German market and its potential for growth on industrial automation as well as friction materials machine product solutions. Lambda Investments AG has today also confirmed, thru its executive chairman and major shareholder Salvatore Torrisi, more acquisitions to come shortly to continue its growth and market penetration strategy.