Azkoyen, S.A. is a Spanish multinational technology company founded in 1945, specializing in the design, manufacture, and distribution of advanced solutions in coffee and vending systems, payment tech... Azkoyen, S.A. is a Spanish multinational technology company founded in 1945, specializing in the design, manufacture, and distribution of advanced solutions in coffee and vending systems, payment technologies, and time & security. Headquartered in Peralta, Navarra, it began with agricultural machinery before pioneering vending machines in the 1950s, evolving into a publicly listed entity since 1988 with shares traded on Spanish stock exchanges. The company operates through prominent brands like Azkoyen and Coffetek for professional coffee machines and vending; Azkoyen Payment Tech, Coges, and Cashlogy for cashless and cash management systems; and Primion and Opertis for access control, time registration, and electronic locking. With production facilities across Europe and the Americas, Azkoyen serves over 100 countries, generating 85% of revenue internationally from sectors including hospitality, retail, banking, transportation, healthcare, and public administration. Its vertically integrated model combines hardware sales with recurring revenue from maintenance, spare parts, IoT telemetry, and software services, supported by substantial R&D investment exceeding €17 million annually and a robust patent portfolio. Azkoyen emphasizes innovation, sustainability, and global expansion, employing over 1,000 people while maintaining strong financials with stable margins and a diversified geographical footprint led by Germany, Spain, and the EU.
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