IAR-Group (IAR - Group)

IAR-Group is a manufacturer of automated equipment for industrial enterprises.

History

2024: Acquisition of a controlling stake in I-Teco Group of Companies

The I-Teco Group of Companies, as part of its overall investment strategy, acquired a controlling stake in IAR-Group, which manufactures automated equipment for industrial enterprises and robotics solutions. Representatives of I-Teco reported this to TAdviser on December 17, 2024.

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Telegram channel of I-Teco Group of Companies

Under the terms of the transaction, I-Teco Group becomes the majority shareholder (with a share of 50.02%, which, according to the Unified State Register of Legal Entities, is owned by I-Teco Invest JSC), the rest of the shares in equal shares belong to the founders of IAR-Group: Dmitry Bulgakov, Yuri Mikhalev, Vladimir Kamenskikh - they will continue to manage the business together with the new investor.

"Thanks to synergy with I-Teco Group, IAR-Group is opening up new opportunities for business development. Cooperation with one of the leaders of the Russian IT market will allow us to significantly increase production capacity and expand the product line. The focus of our attention will remain the development and integration of advanced technologies, such as online monitoring and "technical" vision systems, "commented Dmitry Bulgakov, co-founder, Development Director of IAR-Group.

IAR-Group has in its portfolio a stack of technologies for automation and robotization of production lines, online process monitoring, warning systems (used to prevent possible equipment failure) and a "technical" vision system. The company is an official integrator of the mandatory marking of goods "Fair Sign" to ensure traceability of goods along the entire chain from the manufacturer to the end consumer.

IAR Group has its own design bureau and production in Perm, laboratories in Moscow and St. Petersburg. The company plans to develop new automation and robotization systems to improve the efficiency of production processes.

Industrial automation is one of the focus areas that I-Teco Group of Companies is actively developing, both developing its own products and investing in Russian technology startups. The acquisition of a stake in IAR-Group will help increase the competencies of I-Teco in the field of production automation, the group of companies noted.

"Our portfolio already has a number of own software solutions for production management. Investment in the development of domestic robotic automation is our next step in increasing our presence in the industrial automation market. We are talking about the formation of a new value proposition for our customers, where the best competencies in the development of software, AI and hardware will be combined to replace manual labor in production. We consider this direction promising and see high potential in the digitalization of real sectors of the economy, "said Vladimir Lvov, Member of the Board of Directors of I-Teco Group of Companies.

According to the representatives of the group, I-Teco 's own software products for industrial automation include: a laboratory information management system DES.LIMS.Pro as a basic element of product quality and safety management, a multifunctional platform for production management "Highway" (automation of basic processes and industry solutions MES for different types of production) and an electronic approval system for work permits DES.ISS.Pro to ensure industrial safety. A separate class presents solutions for machine vision industry. All "VideoMatrix" solutions are included in. register of Russian software