Bystronic now owns 100% of Antil

Bystronic is increasing its existing 70% stake in Antil SpA by acquiring the remaining 30% minority stake for around CHF13m. The company is thus strengthening its portfolio in the field of automation in line with its Strategy 2025. In the summer of 2018, Bystronic acquired 70% of Antil, based in San Giuliano Milanese. Since then, the company has integrated Antil’s operations, doubled sales to approximately CHF40m at good profitability, and increased the number of employees from 110 to 200. Antil’s portfolio includes loading and unloading systems for laser cutters and punch presses, and automated sheet-metal storage systems.

For further information
www.bystronic.com

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