PINOVA Capital GmbH has acquired a majority stake in Asutec GmbH, a leading manufacturer in the automation technology sector, to leverage growth opportunities in an expanding market.

Target Information

Von PINOVA Capital GmbH ("PINOVA") has acquired a majority stake in Asutec GmbH ("Asutec"), based in Nürtingen, Germany. Asutec is a leading global manufacturer of damping and stop modules for transfer systems within the automation technology sector. The company also offers an expanded portfolio of gripping systems and components, which are prominently utilized in robotics, plant construction, and assembly handling.

Asutec showcases a high depth of value creation by covering the entire process chain from development through production to customized adjustments. This comprehensive approach ensures that the highest quality standards are maintained for industrial automation processes across various end industries. Established in 2010, Asutec has developed and manufactured its products in Nürtingen, Baden-Württemberg, and has built a reputation as the preferred partner for system integrators and OEMs in the automation technology field, supported by a broad international customer base.

Industry Overview

The automation technology sector in Germany is renowned for its innovation and leadership on a global scale. Germany is home to a myriad of SMEs (small and medium-sized enterprises) that are instrumental in driving forward advancements