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JUKI’s Equity Participation in Essegi Automation (2019): The Facts

About this page: a neutral summary of what JUKI and Essegi Automation publishes about itself (JUKI news release of 1 August 2019), accessed in September 2026. Names and figures are the vendor’s own and may change; please check the vendor’s website for current data. Neotel is not affiliated with JUKI and Essegi Automation; all trademarks belong to their owners.

What was agreed

On 31 July 2019 JUKI Corporation (Tokyo) agreed to take an equity participation in ESSEGI AUTOMATION S.r.l. (EA), Italy. According to JUKI’s release, JUKI acquired 46.399 % by purchase of equity in early September 2019 and a further 2.601 % by subscribing to new equity at the end of September 2019, giving it 49 %. G.B.P. S.r.l. kept the remaining 51 %.

The companies

EA was established on 23 May 2019 through the demerger of the intelligent storage business from ESSEGI SYSTEM SERVICE S.r.l. (ESS). It is located in Sovizzo (Vicenza), Italy; the release names Matteo Padoan as CEO.

Background

JUKI has distributed EA’s intelligent storage systems since 2013. The release describes the purpose of the participation as strengthening cooperation in sales, service and manufacturing of intelligent storage systems as part of JUKI’s SMT plant automation offering.