On September 27, 2021, after 31 years of operating as a family business, the Kigyos family decided to sell a majority share of Franklin Automation to the Neyret Group of France. Neyret Group is also a family-owned business and one of the world’s premier suppliers of advanced automation systems. Specifically, Neyret is known as a highly successful supplier of high-speed Intermittent and Continuous Motion assembly and testing systems with two modern machine-building operations in France, a sales office in China and now a third machine building operation in North America. The company works closely with many industries including medical devices and pharmaceuticals; it was due to the significant growth in these particular customer segments that made it imperative they find the right domestic partner to bolster their sales and service offerings in the region.
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