Mitsubishi Electric acquires ASTES4 SA
- August 15, 2018
Mitsubishi Electric Corporation, an established MC Machinery automation solutions partner, has announced the acquisition of ASTES4 SA.
ASTES4 is a Switzerland based company engaged in the development, production and sales of patented automated sorting solutions for sheet metal laser processing machines.
With ASTES4 as a wholly owned subsidiary, Mitsubishi Electric will be able to offer integrated solutions to the global market with ASTES4’s automated sorting systems embedded into Mitsubishi Electric’s sheet metal laser processing machines. The company aims to further expand its worldwide business through this acquisition.
Mitsubishi Electric’s sheet metal laser processing machine business is developing globally in Japan, the Americas, Europe, China, Southeast Asia and India. The lack of human resources in production facilities, and the ability of fiber lasers to produce higher volumes, generally escalate the demand for a significant increase in productivity by automating sheet metal laser processing, including pre-and post-processing.
Sheet metal laser processing involves loading the material, laser cutting, unloading cut materials as well as removing and sorting cut parts from the frame. Lately, the worldwide demand for such sorting solutions is on the rise. ASTES4 provides flexible automated sorting solutions using its own patented technology with superior system engineering capabilities that can integrate the entire automation system.
By acquiring ASTES4, Mitsubishi Electric will support MC Machinery in further strengthening its lineup of automation systems with sorting solutions for sheet metal laser processing machines.