STEMMER IMAGING expands market share in France by acquiring ELVITEC S.A.S.
DGAP-News: STEMMER IMAGING AG / Key word(s): Takeover
Puchheim, 10th July 2018
"France is an exciting and dynamically growing market for automation solutions and robotics. As one of the leading providers of machine vision technology, it is important for us to be substantially represented and to grow in key markets. Just like we have set out in our strategy. We are delighted to have found another fitting acquisition target after the successful acquisition of Data Vision at the end of January," says Lars Böhrnsen, CFO of STEMMER IMAGING AG.
"With ELVITEC, we are augmenting our portfolio with an optimally connected distributor. At the same time, we are strengthening our presence in the French market and our expertise for francophone countries. In short, we have succeeded in acquiring an established provider that is simultaneously the perfect complement for our Group," says Christof Zollitsch, CEO of STEMMER IMAGING AG.
Both parties initially agreed not to disclose the purchase price.
About STEMMER IMAGING
STEMMER IMAGING is one of Europe's leading machine vision technology providers for science and industry. With a perfect combination of innovative products, expert advice and comprehensive service, STEMMER IMAGING helps clients solve their machine vision tasks securely with speed and ease. Experienced specialists can be contacted easily and are available to provide advice locally in 19 European countries.
Clients of STEMMER IMAGING benefit from the combination of an exceptionally wide variety of products from the world's leading manufacturers (e.g. cameras, lenses, illumination products, machine vision systems, software). Expert know-how gathered over many years help customers define the optimum, most cost-effective combination of components. The company attaches particular importance to the provision of solution-oriented services, including feasibility studies, development services, training and customer-focused support.
|Company:||STEMMER IMAGING AG|
|Phone:||+49 (0)89 - 809020|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|