Designa takes over Asytec
DESIGNA Verkehrsleittechnik GmbH has expanded its international presence by taking over Mainz-based ASYTEC GmbH, a manufacturer of parking management and access control systems. The take-over process was completed with the signing of the purchase agreement on 1st November 2010. The parties to the agreement decided not to reveal the exact amount of the purchase price.
This step incorporates ASYTEC in the DESIGNA Verkehrsleittechik GmbH company as an additional subsidiary. DESIGNA will therefore benefit from the existing sales and service network in the ticket system, access control and video system areas of the company from Mainz. "The goal is to reinforce our position as one of the world's leading companies for fully automated parking systems. The takeover allows us to make use of the country-specific know-how of internationally operating ASYTEC in order to acquire new markets in South Africa and Asia", says Dr. Thomas Waibel, managing director of DESIGNA Verkehrsleittechnik GmbH.
The agreement allows all ASYTEC GmbH business activities to continue in the usual way. This includes both comprehensive management of existing ASYTEC customers by their usual contacts, and responsibility for all service and support work for the installed systems. One of Asytec's most important customers is the international airport in Frankfurt.
The agreement allows all ASYTEC GmbH business activities to continue in the usual way. This includes both comprehensive management of existing ASYTEC customers by their usual contacts, and responsibility for all service and support work for the installed systems. One of Asytec's most important customers is the international airport in Frankfurt.
Comments
There are no comments yet for this item
Join the discussion