Azkoyen, S.A.

Azkoyen, S.A. is a Spanish multinational technology company specializing in the design, manufacture, and commercialization of advanced solutions for vending, payment systems, and security. Founded in 1945 in Navarra, it originated in agricultural machinery before pioneering vending machines in 1956, evolving into a public limited company in 1970 and listing on stock exchanges in 1988. Today, it operates across three core segments: Coffee & Vending Systems, featuring brands like Azkoyen, Coffetek, and Ascaso for professional coffee machines and beverage dispensers; Payment Technologies, including Azkoyen Payment Tech, Coges, Cashlogy, and Vendon for cashless payments, telemetry, and IoT solutions; and Time & Security with Primion for access control, time registration, and visitor management. Serving hospitality, retail, transportation, healthcare, and public sectors, Azkoyen maintains a global presence in over 100 countries through 10 production plants and a workforce of around 1,000. Its vertically integrated model supports hardware sales alongside recurring revenue from maintenance, software services, and R&D investments exceeding €17 million annually, driving innovation in automation and digital transformation.