Bystronic Aquires Automation Specialist Antil
To strengthen its automation portfolio, Bystronic increased stake in Antil from 70% to 100%.
After acquiring 70% of Antil in the summer of 2018, Bystronic has increased its stake and now owns 100% of the automation specialist. Since Bystronic acquired the initial stake, the company states that it has integrated Antil’s operations, doubled sales and increased the number of employees from 110 to 200.
Since the beginning of the year, the demand for automation solutions for laser cutting systems has grown well above average, according to Bystronic. The move to acquire Antil is meant to answer some of those demands and strengthen the company’s portfolio in the field of automation.
Antil’s portfolio includes loading and unloading laser cutting and punching systems, automated sheet metal storage systems and robot-assisted bending solutions for the gold segment.
Alex Waser, CEO of Bystronic, notes, “Automation is one of the core drivers of growth for both our customers and our own business. With this acquisition, we are strengthening our portfolio in this crucial field and will thus be able to even more effectively address our customers’ needs. Based on our growth strategy 2025, we will offer our systems in all market segments, and, over the coming months, we will leverage Antil’s know-how to develop additional automation solutions.”
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