Swiss sheet metalworking equipment manufacturer Bystronic has acquired a 70 per cent stake in Italian firm Antil Spa in order to expand its range of automation solutions for the sheet metal processing industry.
The acquisition follows Bystronic’s recent takeover of Italian firm TTM Laser, an Italian producer of laser-based tube and profile processing solutions. Together the two acquisitions will increase the added value of Bystronic's sheet metal processing chain.
Founded in 1989, Antil Spa is headquartered in Milan and 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. The company currently has approximately 110 employees and in 2017 achieved a turnover of approximately 18 million euros.
With this majority interest, Antil is becoming an integral part of the Bystronic Group as a ‘Member of Bystronic’. Within this framework, the ‘Antil’ brand will be maintained. The responsibility for the executive management of Antil will remain with the previous co-owner of the company, Agostino Zanella.
‘Antil and Bystronic complement each other ideally, not only technologically but also culturally,’ Bystronic CEO Alex Waser explained. ‘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.’