News

The AGVE Group has received an order for one additional Line-feed AGVs to support the 42-vehicle
large and tailored AGV’s from CPM. The installation will be part of the CPM production line system at
Lamborghini.

CPM started in business in 1967 in the industrial equipment field. Initially concentrating on supplying
manufacturing material handling systems, CPM is now a turn-key supplier of final assembly systems
for the automotive industry. Since 1999, CPM have been part of the Dürr group that mainly focuses
on paint and final assembly systems with a turnover of EUR 3,468 million (2015) and approximately
15,000 employees worldwide.

Please visit https://www.youtube.com/watch?v=t2A6eWdHBKY
Delivery will take place during the fourth quarter of 2018

The AGVE Group has received an order for an AGV-system including three A4 FL from Datwyler in
Switzerland.

Detwiler produces sealing and packaging solutions for a wide range of industries through its facilities
around the world.

The Datwyler Group achieved sales of CHF 1.36B (EUR 1.2B) in 2018 and had more than 8000
employees operating in 50 countries around the world.

Delivery will take place during the fourth quarter of 2018

The AGVE Group has received an order for a 2 vehicle AGV system from Materials Solutions Limited of Worcester, United Kingdom.

Materials Solutions, a Siemens business, is expert in the growth industry of additive manufacturing supplying complex metal 3D printed parts to the world’s most advanced engineering companies.

Delivery will take place during the second half of 2018

The AGVE Group has received an order of three A8 conveyor vehicles to extend the 16 vehicle AGV-
system for the Volvo Car Group in Sweden.

Volvo Cars is a premium car manufacturer owned by the Geely Holding Group and producing more
than 500,000 cars per year with its main factories in Sweden, Belgium and China. The group has a
turnover of SEK 125 billion and approximately 28,000 employees worldwide.

The AGV system will be part of Volvo’s material supply system.

Delivery will take place during the second quarter of 2018

The shareholders of AGVE AB (hereinafter, AGVE) have entered into an agreement with Murata Machinery, Ltd. (hereinafter, Muratec) whereby Muratec will acquire all the issued stock of AGVE AB of Gothenburg Sweden, from the existing shareholders. AGVE and its fully owned subsidiaries, AGV Solutions LLC in the US and AGVE Ltd in UK, will become 100% subsidiaries of Muratec.

The combination of AGVE and Muratec’s technical resources will enable enhanced AGV solutions to be jointly developed. The products will be supplied across the world utilizing Muratec’s strength in the Asian and Japanese market and AGVE’s existing presence in the European and US markets. The new business will build on Muratec and AGVE’s long track record of innovative products and impressive growth in the AGV market.

The global market for AGVs is showing strong growth and the new business structure will enable Muratec and AGVE to make even faster progress in meeting the requirements of both global and local customers. The combined business is already a major supplier to a wide range of sectors from automotive to healthcare, and pharmaceuticals to the process industries.

“The AGVE acquisition is an important part of Muratec’s strategy for the Material handling equipment market segment,” said Daisuke Murata, President and C.E.O. of Murata Machinery, Ltd. “We are facing Increasing demands for advanced AGV systems in the market these days, and feel a sense of urgency to accelerate our development activities. The rich resources of AGVE which is located in the center of the eco-system of AGV in Gothenburg will surely help us to achieve it.”

AGVE has a dedicated team of world leading engineers and by continually extending its local presence is supplying AGV systems to over 20 countries through its direct subsidiaries in USA and UK and local partners. The combination of Muratec and AGVE will achieve even stronger customer service worldwide.

The head office and main production site of AGVE will continue to be in Gothenburg Sweden.

Scheduled closing date for the share transfer is 28 February 2018, subject to conditions precedent prior to closing.

AGVE has received an order to extend an AGV system with two A4 FL and three A10 SL from Swisslog.

Swisslog is a global supplier of integrated logistics and automated solutions for warehouses,
distribution centers and healthcare facilities with an annual turnover of about M€ 550 (2014, now
part of Kuka) and has about 2500 people working in the group.

The end customer is a world leading player within the pharmaceutical industry.

Delivery will take place during the second quarter of 2018

The AGVE Group has received an order for a AGV-system including one A4 FLC and one A10 FLR
From JDE in Holland.

JDE processes and markets a coffee & tea portfolio that is available in over 140 countries around the
world.

JACOBS DOUWE EGBERTS achieved sales of EUR 5.5B in 2017 and had more than 15,000 associates in
more than 80 countries.

Delivery will take place during the second quarter of 2018

The AGVE Group has received an order for a two A4 FL vehicle AGV-system from FCC Adams in USA.
FCC Adams is a member of the FCC Group of companies. FCC manufactures clutches for the global
automotive and motor cycles sectors. FCC Adams is based in Illinois, USA and supplies leading world
wide businesses such as such as Honda, Fiat Chrysler and Toyota.
The FCC Group achieved sales of Yen 157 B ($ 1.75B) in 2017 and had more than 8500 employed in
more than 10 countries.

Delivery will take place during the first quarter of 2018

The AGVE Group has received an order for an AGV system comprising three A10 clamp vehicles from
SPC in South Korea.

SPC Group is a major bakery and confectionary producer in South Korea.
Delivery will take place during the first quarter of 2018

Volvo Cars Drive Me program – 100 self-driving cars in Gothenburg – produced by AGVs from AGVE

The Volvo Cars Drive Me is a large-scale autonomous driving project, where Volvo Cars put real people behind the wheel of state-of-the-art Volvo XC90s on public roads. In 2018 Volvo Cars will have 100 self-driving cars on the roads of Gothenburg.

These state-of-the-art Volvo XC90 SUVs are produced at the Swedish Torslanda auto plant from materials supplied and moved to each welding cell in the welding line by multiple Automated Guided Vehicles provided by AGVE, all controlled by AGVE’s industry leading control system, Best AGV Manager.

AGVE foresee a long-term partnership with Volvo Cars supplying a variety of Automated Guided Vehicles. Now AGVE have supplied this sophisticated material handling system based around dual drive AGVs customized for Volvo’s unique material racking and developed for optimum safety in the manufacture of the new Volvo XC90, XC60, V90 and V90cc. The racks to be carried are substantial in size and weight, so the AGVs have to be large as well as agile. The whole fleet operates in perfect synchronization by deploying a sophisticated dual drive system on each Automated Guided Vehicle and AGVE’s Best AGV Manager. The perfectly tuned drive control enables the AGVs to turn in the tightest locations making best use of all the available space. This fully automated solution ensures every vehicle has safe clearance to the next vehicle and the fixed equipment. Certified personnel detection ensures that people are fully protected. By optimizing the AGVE dual drive system even large AGVs can be effortlessly guided to come to a precise stop parallel to the machine drive chains for perfect loading/unloading time after time.

You can see the result of AGVE and Volvo’s collaboration at:

https://youtu.be/GHC2iK_zaWo

To read more about the Volvo Cars Drive Me project, please visit:

https://www.volvocars.com/en-om/about/our-innovation-brands/intellisafe/autonomous-driving/drive-me