Bystronic acquires 100% of automation specialist Antil

Sheet metal processing equipment manufacturer Bystronic, Hoffman Estates, Ill., has increased its existing 70% stake in Antil S.p.A. by acquiring the remaining 30% minority stake, strengthening its portfolio in the field of automation in accordance with its Strategy 2025.

In summer 2018 Bystronic acquired 70% of the family-owned company, based in San Giuliano Milanese, Milan, Italy. Since then Bystronic has integrated Antil’s operations, doubled sales, and increased the number of employees from 110 to 200.

Antil’s portfolio includes loading/unloading laser cutting and punching systems, automated sheet metal storage systems, and robot-assisted bending systems for the gold segment. In Italy, Bystronic also operates its groupwide competence center for automation systems.

“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,” said Alex Waser, Bystronic CEO. “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.”