Schauenburg International invests in Astech Projects

Schauenburg International of Germany has invested in a majority shareholding in robotics and automation specialist Astech Projects, in a deal advised by Initium.

Cheshire-based Astech specialises in the custom design, build and systems integration of robotics and automation applications for advanced manufacturing and regulated industries. Astech’s success has been generated from the supply of bespoke solutions for clients in the pharmaceutical, medical device, consumer healthcare and chemical sectors.

Headquartered in Mülheim an der Ruhr, Germany, Schauenburg is a long-term strategic investor, that focuses on well-established industrial enterprises who are leaders in niche markets.

With a policy of partnering and leaving management unchanged, Schauenburg allows each company to retain its identity and to build upon its own strengths while also benefiting from the support and experience of a diversified and globally represented Group.

With a niche specialism in robotics and automation, identified growth opportunities and a strong leadership team in place, Astech met Schauenburg’s acquisition criteria, and provided synergies with other companies in its portfolio.