HUB Italia finalizes the acquisition of NEXTEC Srl and expands its presence in the Italian market

HUB Italia, part of HUB Parking Technology – the FAAC Group Business Unit that develops, manufactures, installs Parking Revenue Control Systems and provides finalized the acquisition of Nextec Srl, a company after-sales services – has specialized in the sales of advanced automated parking and access control systems across Italy.

Franco Oliva, HUB Italia General Manager declared:
“Nextec Srl activities are perfectly in line with the target of offering professional turn-key solutions for Parking Systems and a punctual and qualified service. In fact, Nextec Srl is characterized by a strong market positioning and a consolidated experience of its management team”.

Nextec Srl will be part of HUB Italia and of HUB Parking Technology and this will bring a further development of the client base/portfolio in Italy and a strengthening of the installation and maintenance post sales service.

About HUB Parking Technology

HUB Parking Technology is the FAAC Group Business Unit that develops, manufactures, installs Parking Revenue Control Systems branded ZEAG, DATAPARK and FAAC and provides after-sales HUB Parking Technology services. Through its local Group companies and distributors it is represented in all five continents and more specifically in North & South America, Europe, Africa, the Middle East, Asia and Australia.
For more information about HUB Parking Technology visit: www.hubparking.com

About FAAC Group

FAAC Group is a private owned multinational Group, pioneer in the automated systems industry for the control of pedestrian and vehicle accesses in both residential and commercial applications. The Group activity is developed through three Business Units: Access Automation, Access Control and Parking Revenue Control Systems. FAAC Group was founded in 1965 and represents today an international industrial Group with over 1,400 employees, 16 production plants and 25 foreign subsidiary companies throughout the world. The Group is based in Zola Predosa, Bologna, Italy.
For more information about FAAC Group visit: www.faacgroup.com