Sweden's HMS Networks announced on September 11, 2026 a friendly public takeover offer for all shares in Spain's ROBOT S.A., wrapping the industrial communications specialist around a hotel-focused building automation supplier and setting up a delisting from Madrid's BME Growth market.
The offer
HMS Industrial Networks SLU, a wholly owned subsidiary of Halmstad-listed HMS Networks AB, entered into a share purchase agreement with ROBOT's largest shareholders and simultaneously launched a cash offer to sweep up the remaining stock. Shareholders representing 77.69% of ROBOT's share capital have irrevocably committed to accept, all but guaranteeing the deal will close on schedule around December 1, 2026.
Why a Swedish industrial ICT firm wants a Barcelona automation shop
ROBOT specializes in sensors, room controllers and building management systems used in hotels, where the objective is to optimize HVAC and lighting for both indoor comfort and energy consumption. HMS today sells the gateways and protocol converters that let those same buildings talk to enterprise software; adding ROBOT's endpoint hardware widens the portfolio and gives HMS an installed base of hospitality customers to cross-sell industrial connectivity to.
Following a busy 2026
The Madrid bid caps a busy year for HMS, which recently closed the acquisition of Molex's industrial communications business. That deal tripled down on industrial connectivity; the ROBOT purchase pushes HMS one layer deeper — into the room controllers themselves — and slots into a broader consolidation of building-automation vendors alongside moves by rivals covered in Enflame's Shanghai IPO and Mach Industries' capital raise.
Next steps
Completion is subject to ROBOT's shareholder meeting and the standard BME Growth delisting process. Settlement is targeted for December 1, at which point ROBOT's shares will disappear from the multilateral trading facility and the company will become a wholly owned HMS unit.
Reporting based on filings released via GlobeNewswire and coverage from ADVFN and The Manila Times.