Reference project in the automation industry sector
WINTERGERST accompanies the sale of Asutec to PINOVA Capital
Since its founding in 2010, Asutec has established itself as a specialist in basic automation components for transfer systems—particularly stoppers and dampers. With a high degree of vertical integration, strong technological expertise, and an international customer base, the company has positioned itself as a quality supplier in the field of transfer systems.
Sell-side M&A/Succession
EUR > 10 million
2025
Automation industry
Baseline
Since its founding in 2010, Asutec has established itself as a specialist in basic automation components for transfer systems—particularly stoppers and dampers. With a high degree of vertical integration, strong technological expertise, and an international customer base, the company has positioned itself as a quality provider in the field of transfer systems. As part of an entrepreneurial succession plan, a new majority shareholder was sought who would support Asutec’s growth strategy in the long term.
Challenge
As part of the succession plan, the key challenge was to find an investor who would value both Asutec’s technological expertise and its entrepreneurial culture. At the same time, it was essential to ensure that the conditions were in place to continue the company’s international growth strategy.
Solution
With PINOVA Capital, we have secured an entrepreneurially minded investor who shares Asutec’s commitment to specialization and quality. This succession plan not only ensures continuity in corporate leadership but also lays the groundwork for further international expansion and targeted product innovations.