Walter Finch
A BRITISH robotics company has won a multi-million euro contract in Spain to deliver robotic assembly systems.
Expert Technologies Group, a leader in its robotic field, will be partnering with Sumitomo Electric Bordnetze (SEBN) in the €1.4 million deal to install robotic assembly lines for electric vehicles.
The deal will see the Coventry-based technology company – which has now spread to four continents – deliver two automated auxiliary harness assembly lines.
The project is their first contract in Spain since the challenges posed by Brexit and the COVID-19 pandemic.
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Support from UK Export Finance (UKEF)was crucial in enabling Expert Technologies Group to access the necessary funding to deliver the project.
The company received a €1.4 million working capital facility from NatWest, which was backed by UKEF. This financial boost has allowed the company to invest in the project and create up to 10 new jobs.
The deal proves that England’s Midlands are ‘still renowned as a centre of excellence in manufacturing’, according to Expert Technologies Group executive Fiona Begley.
Expert Technologies Group is a Coventry-based robotics firm specialising in designing and delivering robotic assembly systems, tools, and machinery for industrial automation.
