"Enormous potential for growth and synergies" - corporate headquarters remain in Darmstadt
The future of ISRA VISION AG has been settled. CEO Enis Ersü has found a strategic industrial partner in Atlas Copco. The Darmstadt SDAX-listed company for industrial image processing (Machine Vision) - one of the world's leading providers of surface inspection of web materials and for 3D Machine Vision applications - has thus made a long-term and future-oriented succession arrangement, which will enable it to continue to pursue its growth strategy and continue its innovation roadmap. The plans for the new building of ISRA's corporate headquarters in Darmstadt continue unchanged.
Over the past 35 years, ISRA founder Enis Ersü has built up a technology group that today has around 900 employees at 25 locations worldwide. The company once began as a spin-off of the Technical University of Darmstadt and has grown dynamically in recent years to become a global player.
Enis Ersü will be 67 years old this year and has been looking for a concept with which ISRA can enter the next dimension of its growth for quite some time. There was no successor from the family - and other solutions were not convincing either. A strategic partnership provides the framework for ISRA to continue to realize its visions for the future, to exploit market potential, to continue the continuity of its business and to pursue its growth strategy. With a strategic industrial partner, ISRA can further develop the focal points that the company has successfully set for its markets.
The criteria for a partner were that it understands the dynamics of ISRA VISION and that all locations worldwide can continue on the path they have begun, continue their networking and continue the innovation roadmap. In addition, ISRA was looking for a partner that had already proven itself in cooperation with other companies.
Independent in new Machine Vision division
Ersü is convinced that in the Atlas Copco Group he has found a strategic industrial partner with whom ISRA can continue to pursue its growth path in the fields of Surface Vision and 3D Machine Vision, further fill its innovation pipeline and continuously strengthen and expand its team. Atlas Copco is a Swedish global group with approximately 37,000 employees, customers in more than 180 countries and annual sales of 9 billion Euros. With its global presence, the globally active technology group shares ISRA VISION's future and innovation-oriented view as well as its strategy of diversification across various markets.
Atlas Copco has recognized Machine Vision as a key technology and wants to develop a new Machine Vision division with ISRA VISION as its nucleus. Enis Ersü: "Our two segments Surface Vision and Industrial Automation as well as our global presence have enormous potential for growth and synergies with Atlas Copco's business activities".
ISRA will operate and develop from Darmstadt as an independent pillar in the Atlas Copco structure. To ensure a smooth transition, Ersü will accompany the integration process over a longer period of time. The plans for the new building for the company headquarters in Darmstadt, which is designed for growth and an increase in the number of employees, are also continuing. The ISRA team is scheduled to move into it in 2021.