# Turck takes minority stake in Asinco

Turck Group acquired a minority stake in Asinco, a Duisburg-based radar specialist, to invest in software know-how.

- Type: Investment
- Announced: 2019-11-14
- Where: Duisburg, Germany
- Status: completed
- Products: radar technology, software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Turck](https://endata.com/companies/18181.md) (investor)
- [Asinco](https://endata.com/companies/43309.md) (partner)

## Sources

- [wirautomatisierer.industrie.de](https://wirautomatisierer.industrie.de/steuerungstechnik-ipc-sps/turck-gruppe-640-mio-euro-umsatz-2019/), 2019-11-14: "Mit einer Minderheitsbeteiligung am Duisburger Radarspezialisten Asinco hat das Unternehmen erneut auch in Software-Know-how investiert"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.