Bystronic Acquires Remaing Shares of Antil
By Metal Center News Staff
on Jan 13, 2022
In the summer of 2018, Bystronic acquired 70 percent of the family-owned company Antil S.p.A. in San Giuliano Milanese in Northern Italy. Since then, Bystronic 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. Effective November 30, 2021, Bystronic acquired the remaining minority stake of 30 percent 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.
“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 more effectively address our customers’ needs,” said Alex Waser, CEO of Bystronic.