capiton acquires majority stake in Asyril SA to boost growth

Swiss startup Asyril,  is a market and technology leader in the flexible part feeder market. Its products are being used globally in assembly lines, facilitating process automation for a variety of industries. The company, headquartered in Villaz-St-Pierre (FR) with subsidiaries in the US and Japan, is very well-positioned to further benefit from the strong market growth of assembly automation in general and increasing demand of flexible feeders in comparison to rigid solutions.

Together with the management team, capiton plans to grow the business organically, both by leveraging the significant potential of the company's innovative product portfolio and by further expanding its international footprint. Acquisitions broadening the product range will be considered as well.

Dr. Alain Codourey, CEO and Co-Founder of Asyril commented: “With capiton we were able to bring on board a partner, who, in addition to an international network, has an extensive understanding of our industry and experience in supporting fast-growing industrial technology companies. capiton's investment means a big step forward for Asyril and together we will seek to further accelerate our growth.”

Alexander Zamora, Partner at capiton added: “The automation and increasing connectivity of the industrial landscape is a core investment theme for our team, and we believe Asyril is at the forefront of enabling this transformation. With strong industry tailwinds, we believe Asyril has significant growth opportunities, and we look forward to supporting another founder- backed business to scale through investments in product innovation, commercial operations, and international expansion.”

Asyril's product portfolio covers flexible feeding systems based on a patented 3-axis vibration technology complemented by the newly established EYE+ control system. The products enable a fast and optimal surface distribution of bulk parts and components during production processes. EYE+, a vision-based software, was in-house developed with the goal to drastically simplify the setting-up of the flexible part feeder process, underlying Asyril’s development towards industry 4.0 requirements, where software competence is key.

(Press release / ES)