Azkoyen acquires coffee machine manufacturer Ascaso and further expands global business

Azkoyen acquires coffee machine manufacturer Ascaso and further expands global business

ID: 2003644

The Azkoyen Group, Spain's leading technology group for automated products and services, has now acquired 100% of coffee machine manufacturer Ascaso. The purchase price amounts to EUR 17 million. Only recently, the primion parent company had acquired the Latvian company Vendon.




(firmenpresse) - •Ascaso is one of the leading European manufacturers of traditional premium espresso machines.
•With Ascaso, the group becomes one of the few full-service providers worldwide.
•The acquisition of Ascaso accelerates the Group's international growth, strengthens its presence in Europe and gives it a foothold in the Asian and North American markets
Ascaso is a traditional family business based in Barcelona that has been manufacturing high-quality espresso machines since 1962. José Luis Ascaso, son of the founder and current CEO, will continue to accompany the company.
The acquisition of Ascaso enhances the Azkoyen Group's coffee business, which already accounts for 75% of the Coffee Vending Systems division's turnover. Ascaso is present in international markets such as Southeast Asia (China and Korea), Europe (Spain, France, Germany, and the UK) and North America (Mexico, Canada, and the US). The acquisition strengthens Azkoyen's leading role in the OCS, Horeca and Vending segments and completes its range of automatic and semi-automatic coffee machines. Azkoyen is thus one of the few complete suppliers worldwide.
The Ascaso production centre in Gavá, Barcelona, thus completes the Azkoyen Group's previous production facilities in the coffee sector in Peralta (Navarre), Bristol (United Kingdom) and Pereira (Colombia), in the payment technologies sector in Peralta (Navarre) and Schio (Italy), and for Time Recording, Security Technology and Access Control in Stetten a. k. M. (Germany) and Malle (Belgium).
Juan José Suárez, CEO of the Azkoyen Group: "The acquisition of Ascaso opens up new potential for us through manufacturing excellence and product innovation. We have very ambitious plans here and we are sure that the employees and the CEO of Ascaso will drive these goals through their talents and enrich the Azkoyen Group".


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About primion

With intelligent Access Control, mobile Time and Attendance solutions and integrated systems for Hazard Management (PSIM), primion Technology GmbH has been impressing renowned companies throughout Europe for over 25 years, such as Fraport Frankfurt, Agentur für Arbeit, Uniklinikum Hamburg, Deutsche Telekom, the British School of Brussels, DB Schenker France and many more. The primion reference list includes over 5,000 customers worldwide and more than 11,000 successful installations.
• Time is money: Mobile time recording reduces the workload and speeds up processes
• Protect employees: Controlled access during and after the pandemic
• Prevent intrusion, fire, sabotage: Keeping track with PSIM (Certified)
• Knowing who is in the building and when: Professional visitor management
• Avoiding expensive overtime: Capacity-oriented personnel planning
primion develops, manufactures, and installs all systems and components itself. From the initial consultation and planning concept to on-site installation and services such as hotline, support and maintenance contracts, the IT system house offers first-class software and hardware with its own staff and in-house.

primion is the first company in Germany with ISO/IEC 27001:2013 certification for information security in the area of "Time & Security"
The ISO/IEC 20000-1:2018 certificate was recently granted. An invaluable advantage for all customers!
www.primion.co.uk






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primion Technology GmbH
Steinbeisstr. 2-5
72510 Stetten a.k.M.
Fon: 0 75 73 / 95 2-0
Fax: 0 75 73 / 9 20 34
Mail: info(at)primion.de
Web: www.primion.de
https://www.primion.de



PresseKontakt / Agentur:

primion Technology GmbH
Susanne Christmann
Marketing Director
Steinbeisstr. 2-5
72510 Stetten a.k.M.
Fon: 0 75 73 / 95 2-0
Fax: 0 75 73 / 9 20 34
Mail: info(at)primion.de
Web: www.primion.de



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Bereitgestellt von Benutzer: Christmann
Datum: 31.08.2022 - 10:42 Uhr
Sprache: Deutsch
News-ID 2003644
Anzahl Zeichen: 2197

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Wirtschaft (allg.)


Meldungsart: Unternehmensinfos
Versandart: Veröffentlichung
Freigabedatum: 31.08.2022

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