Bystronic is increasing its previous holding of 70 percent and is taking over the outstanding minority share of 30 percent. Bystronic is thus strengthening its portfolio in the area of automation in line with its Strategy 2025.
Flexible manufacturing and automation of material and data flows are central to the productivity of Bystronics’ sheet metal processing customers. In the summer of 2018, Bystronic acquired 70 percent of the northern Italian family-owned company Antil S.p.A. in San Giuliano Milanese (Province of Milan). Since then, Bystronic has integrated the business, doubled sales from just under CHF 20 million at the time while maintaining good profitability, and increased the number of employees from 110 to 200.
Since the beginning of the year, demand for automation solutions for laser cutting systems has developed at an above-average rate. In order to position itself even closer to the customer and to further expand the market, Bystronic acquired the outstanding minority share of 30 percent for approximately CHF 13 million at the end of November 2021.
The portfolio includes loading and unloading systems for laser cutting and punching machines, automated sheet metal storage systems and robot-assisted bending solutions in the gold segment. In Italy Bystronic also manages the Group-wide competence center for automation solutions.
Alex Waser, CEO of Bystronic, emphasizes: “Automation is one of the most important growth drivers for our customers and our business. With the complete acquisition, we are strengthening our portfolio in this area and can thus serve customer needs even better. With the growth strategy 2025, we want to offer our systems in all market segments and will additionally develop automation solutions in the silver as well as in the entry-level segment in China in the coming months based on Antil’s know-how.”
Web:
www.bystronic.com
