Since 2015, the company has enjoyed close to 30 percent growth on an annual basis and is targeting approximately $50 million in revenue in 2021.
Today it supports one of Europe’s largest installed fleets of AMRs and has a broad customer base in automotive, logistics, food & beverage and pharmaceuticals in 20 countries. Other shareholders include European Growth Buyout investor Keensight Capital. It is majority owned by Veronica Pascual Boé, who is also CEO. Both parties agreed not to disclose any details regarding the purchase price.įounded in 1982, ASTI is headquartered in Burgos, Spain and employs over 300 people in Spain, France and Germany. The acquisition, a key part of ABB’s external growth strategy, was signed on July 19 and is expected to close in mid-summer 2021. This will expand ABB’s robotics and automation offering, ABB stated, positioning the move as giving ABB complete portfolio for the next generation of flexible automation. ABB today announced it will acquire ASTI Mobile Robotics Group (ASTI), a global autonomous mobile robot (AMR) vendor with a broad portfolio across all major applications enabled by the company’s software suite.
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