PAR Systems acquires OakRiver Technology to expand its Life Science and Process Automation group, enhancing automation solutions for medical and industrial clients.
PAR Systems has been acquired by MML Capital Partners, with senior financing from M&I Bank. PAR provides specialized automation for aerospace, defense, and more.
PAR Systems is moving its headquarters and Robotics division to a new facility in Shoreview, MN, consolidating three locations for better efficiency and growth.