May 05, 2016      

The automotive industry is one of the biggest users of robotics, but it's far from saturated with automation. In addition to autonomous vehicles, the demand for advanced manufacturing has driven automotive robotics partnerships between U.S. and Chinese companies. For example, Zhejiang Wanfeng Technology Development Co. last month reportedly acquired The Paslin Co. from Tower Three Partners for $302 million.

Lincoln International LLC advised Tower Three Partners on the deal. Wanfeng Technology i...

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