This long-term and future-oriented succession agreement will enable Isra Vision to continue to pursue its growth strategy and innovation roadmap. The plans for the new Isra headquarters in Darmstadt will be continued as planned.
Over the past 35 years, Isra founder Enis Ersü has built up a technology group that now 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 in recent years to become a global player.
Ersü will be 67 years old this year and has been looking for a long-term plan that will allow Isra to enter the next dimension of its growth. There was no successor from the family and other possible solutions were not convincing either. A strategic partnership provides the framework for Isra to continue to realize its visions for the future, to exploit market potential, to continue the continuity of its business and to pursue its growth strategy. With a strategic industrial partner, Isra can further develop the main focuses that the company has set for its markets.
Ersü is convinced that he has found a strategic industrial partner in the Atlas Copco Group, with whom Isra can continue to pursue its growth path in the fields of surface vision and 3D machine vision, further fill its R&D 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 9 billion euro in annual turnover.
Atlas Copco has identified machine vision as a key technology and now intends to develop a corresponding division with Isra Vision as its nucleus. Ersü says, “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.