The future of ISRA VISION AG has been settled – CEO Enis Ersü has found a strategic industrial partner in Atlas Copco. The 3D machine vision, Germany based company, has reached a long-term and future-oriented succession agreement that will enable the company to continue to pursue a growth strategy and its innovation and networking road-map. The development of a new ISRA headquarters in Darmstadt, Germany will be continued as planned.
Over the past 35 years, ISRA founder Enis Ersü has built up a technology group that employs around 900 people at 25 sites around the world. The company was founded as a spin-off of the Technical University of Darmstadt and has grown dynamically in recent years to become a global player.
Enis Ersü, who will be 67 this year, had been looking for a long-term plan allowing ISRA to enter the next dimension of its growth. With no family successor available, a strategic partnership was deemed to provide the framework for ISRA to continue to realize its growth strategy and strategic visions for the future – fully exploiting market potential.
The criteria for a partner selection were an understanding of the dynamics of ISRA VISION, all of its global sites would continue on current paths, and continuation of its innovation roadmap. In addition, ISRA was looking for a partner that has already proven itself in cooperating with other companies.
With a strategic industrial partner, ISRA can further develop the main focuses that the company has set for its markets.
Independent in new Atlas Copco Machine Vision Division
Ersü is convinced that he has found the strategic industrial partner in the recently announced acquisition by the Atlas Copco Group. ISRA can continue to pursue its growth path in the fields of Surface Vision and 3D Machine Vision, further filling its innovation pipeline and continuously strengthen and expand its team. Atlas Copco is a global Swedish group with approximately 37,000 employees, customers in more than 180 countries and EUR 9 billion in annual turnover. With its global presence, the globally active technology group shares ISRA VISION’s future and innovation-oriented view and its strategy of diversification across the various markets.
Atlas Copco has identified Machine Vision as a key technology and now intends 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 offer enormous potential for growth and synergies with Atlas Copco’s business activities.”
ISRA will operate and continue to develop from Darmstadt as an independent pillar in the Atlas Copco structure. Ersü will accompany the integration process over a longer period to ensure a smooth transition. The plans for the new building for the company headquarters in Darmstadt, which is designed to accommodate growth and an increase in the number of employees, are also being continued. The ISRA team plans to move into the new building in 2021.
For more information: www.isravision.com