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Bystronic Acquires Automation Specialist Antil



Flexible manufacturing aligned with automated material handling and data flow is key to the productivity of Bystronic's customers in the sheet metal processing industry.

In the summer of 2018, Bystronic acquired 70% of the family-owned company Antil S.p.A. in northern Italy. Since then, Bystronic has integrated Antil's operations, doubled sales to approximately CHF 40 million at good profitability and increased the number of employees from 110 to 200. Since the beginning of 2021, the demand for automation solutions for laser cutting systems grew well above average. Effective November 30, 2021, Bystronic acquired the remaining minority stake of 30% in order to further increase customer proximity and expand the market.

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

Alex Waser, CEO of Bystronic, said: "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. Based on our growth strategy 2025, we will offer our systems in all market segments. Over the coming months, we will leverage Antil's know-how to develop additional automation solutions."

For more information contact:

Bystronic Inc.

2200 West Central Road

Hoffman Estates, IL 60192

847-214-0300 / 800-247-3332

sales.us@bystronic.com

www.bystronicusa.com

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