EQS Group-Ad-hoc: Orell Füssli AG / Key word(s): Mergers & Acquisitions
Orell Füssli Ltd: Zeiser Division acquires key technologies from Inspectron and expands offering
Zurich, July 2, 2021 - The Zeiser Division of Orell Füssli Ltd is acquiring leading technologies in the field of document inspection and track & trace for security printers from Inspectron.
The ZEISER Division takes over innovative track & trace software from Inspectron (UK) and thus strengthens its position in the field of traceability of security documents. In the USA, ZEISER is also taking over Inspectron's branch specialising in the service business. With this acquisition, ZEISER further expands its leading position as a provider of serialisation solutions and services for the security printing industry. Inspectron's technology combined with ZEISER's offering in the area of customisation and verification technologies, market access, sales resources and integration expertise offers attractive synergies and significant growth potential. ZEISER is thus well positioned to capture a substantial share of the growing market demand for track & trace solutions for security documents. In addition, ZEISER can successfully position itself in security printing by further developing its technology in the direction of automation and Industry 4.0. The acquisition will lead to a noticeable growth in sales at ZEISER. The parties have agreed not to disclose the purchase price.
Thorsten Tritschler, Managing Director of ZEISER: "We see a growing demand for real-time tracking technologies in our end markets. The acquisition represents an expansion of our portfolio and is an ideal fit with ZEISER's existing business. In addition to micromechanical products, it will allow us to increasingly offer software and services. In addition, we will be able to increase customer value through the development of further innovations and are pleased to be able to offer a new product and welcome new employees to Zeiser".
File: Media Release Inspectron
End of ad hoc announcement
|Company:||Orell Füssli AG|
|Fax:||044 466 77 11|
|Listed:||SIX Swiss Exchange|
|EQS News ID:||1214614|
|End of Announcement||EQS Group News Service|
1214614 02-Jul-2021 CET/CEST