The strategic partnership was initiated through a public tender offer announced by Atlas Copco on February 10, 2020 at an attractive offer price of EUR 50.00 per share. After settlement of the public tender offer, Atlas Copco will hold 92.19 percent of ISRA shares. As a new division within the Industrial Technique business area, ISRA will continue to operate independently on the international markets out of its headquarters in Darmstadt. The founder and CEO of ISRA VISION AG, Enis Ersü, who has also made an ideal succession arrangement with the partnership of the two industrial companies, will coordinate the integration for at least another year in his position as Chairman of the Executive Board in order to ensure an optimal transition.

“I am very pleased that the strategic succession plan for ISRA has been supported by so many of our shareholders. I am convinced that with our leading technologies in surface inspection and 3D machine vision as well as the global presence of Atlas Copco, we will create a world market leader in machine vision that will ensure the interests of all ISRA customers and employees. We are looking forward to this new chapter in ISRA’s history. It is now important to move forward with the integration quickly,” says Enis Ersü.

Atlas Copco is headquartered near Stockholm with customers in more than 180 countries and about 39,000 employees. In 2019, Atlas Copco achieved revenues of 104 bn. SEK (approx. 10 bn. EUR). The Group has been present in Germany for more than 65 years and has successfully integrated many companies in Germany and around the globe.