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HMS Networks Makes EUR21 Million Take-private Bid for Robot SA
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12:37 AM EDT, 09/14/2026 (MT Newswires) -- HMS Networks (HMS.ST) is offering to acquire Spain-listed sensors, room controllers, and building management systems supplier Robot SA (RBT.MC) in a 21 million-euro transaction. The industrial information and communication technology company said Sept. 11 it will purchase Robot's shares at 6.25 euros in cash through its subsidiary HMS Industrial Networks. It intends to delist the target as part of the transaction. Completion and settlement are expected by Dec. 1, subject to customary closing conditions. HMS said it secured commitment of support for the offer from shareholders representing 77.69% of the target's total issued share capital.
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