Bystronic acquires majority interest in the automation specialist Antil S.p.A

In order to serve growing customer demands in the field of automation even more comprehensively in the future, Bystronic is acquiring 70 percent of the shares of Antil S.p.A.
By: Bystronic
 
 
Bystronic extends its technology portfolio in the field of automation.
Bystronic extends its technology portfolio in the field of automation.
 
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Tags:
* Material Handling Automation
* Metalfabricating
* Bystronic

Industry:
* Manufacturing

Location:
* Elgin - Illinois - US

Subject:
* Mergers

ELGIN, Ill. - Oct. 2, 2018 - PRLog -- Today, success in the field of sheet metal processing means manufacturing products quickly, economically, and in consistently high quality. At the same time the requirements with regard to simplifying complex processes and increasing overall efficiency are constantly growing. The automation of production processes represents a decisive step towards solving these requirements using technological solutions.

In order to serve growing customer demands in the field of automation even more comprehensively in the future, Bystronic is acquiring 70 percent of the shares of Antil S.p.A. This majority shareholding in the Italian specialist for automated sheet metal processing will enable Bystronic to expand its existing range of technologies and services in the field of automation. With Antil S.p.A., Bystronic can now offer complementary solutions for the loading and unloading of cutting systems, corresponding storage systems, and services.

Antil S.p.A. is a highly innovative technology company with headquarters in San Giuliano Milanese (Milan). The company specializes in the development of automation solutions for the sheet metal processing industry. Its portfolio includes loading and unloading systems for laser cutting and punching machines, automated sheet metal storage systems, robot-assisted bending solutions, and customer services. With this majority interest, Antil S.p.A. is becoming an integral part of the Bystronic Group as a "Member of Bystronic". Within this framework, the successful "Antil" brand will be maintained.

"Antil and Bystronic complement each other ideally, not only technologically but also culturally," Bystronic CEO Alex Waser explains. "Innovations and a clear focus on customer requirements are important core components of both companies. This in turn benefits our customers. In future, they will have access to a broad range of technologies for automated sheet metal processing. Together, Antil and Bystronic will support customer requirements with an outstanding sales and service organization covering all aspects of automation."

About Bystronic

Bystronic is a leading global provider of high-quality solutions for the sheet metal processing business. The focus is on the automation of the complete material and data flow of the cutting and bending process chain. Bystronic's portfolio includes laser cutting systems, press brakes, and associated automation and software solutions. The company headquarters are located in Niederönz (Switzerland). Bystronic is actively represented by its sales and service subsidiaries in more than 30 countries. Since 1994 Bystronic has been a part of the Swiss industrial holding company Conzzeta. In 2016, with more than 2240 employees, Bystronic achieved a revenue of 598 million euro.

About Antil

Antil S.p.A. is a highly innovative technology company with headquarters in San Giuliano Milanese (Italian province of Milan). Since 1989, with approximately 110 employees, the company has specialized in the development of automation solutions for the sheet metal processing industry. Its portfolio includes loading and unloading systems for laser cutting and punching machines, automated sheet metal storage systems, robot-supported bending solutions, and customer services. Antil S.p.A.'s technologies and services are systematically oriented toward the requirements of its sheet metal processing customers. In 2017, the company achieved a turnover of approximately 18 million euro.

About Bystronic Inc.

Bystronic Inc. has offered customers single source service expertise for over 35 years. They provide innovative laser cutting, press brakes, automation, system software and comprehensive customer training and support. The company's North American headquarters is located in Elgin, IL. Offices are also located in Toronto, Canada and Monterrey, Mexico.  For more information on Bystronic Inc., visit www.bystronicusa.com, or to contact by e-mail, sales.us@bystronic.com.
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Tags:Material Handling Automation, Metalfabricating, Bystronic
Industry:Manufacturing
Location:Elgin - Illinois - United States
Subject:Mergers
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