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Bystronic fully acquires automation specialist Antil
- January 14, 2022
- News Release
- Automation and Software
Bystronic has increased its existing stake in Antil S.p.A. by acquiring the remaining minority stake.
In the summer of 2018, Bystronic acquired 70 per cent of the family-owned company Antil S.p.A., San Giuliano Milanese, Italy. Since then, Bystronic has integrated Antil’s operations, doubled sales to approximately CHF 40 million, 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. Effective November 30, 2021, Bystronic has acquired the remaining minority stake of 30 per cent in order to further increase customer proximity and expand the market.
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. In Italy, Bystronic also operates its Group-wide competence center for automation solutions.
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