To serve growing demand from manufacturers for automation in sheet metalworking, Swiss laser cutting machine and press brake manufacturer Bystronic is acquiring a 70% share of Antil SpA of Milan.
The majority shareholding will enable Bystronic to expand its existing range of automation technologies to include machine loading and unloading, robot-assisted bending, material storage, and allied services. Antil was established in 1989 and currently employs 110 staff, who will be retained under the new agreement. In 2017, Antil achieved a turnover of around €18m.
For further information www.bystronic.com