Faac acquires Clemsa
Historical Spanish company operating in the automation
and pedestrian and vehicle access control sector.
and pedestrian and vehicle access control sector.
FAAC has completed the acquisition of CLEMSA, a leading Spanish company based in Madrid, manufacturer of access control automated systems and customised electronic control equipment such as radio transmitters, receivers and control boards.
"This takeover is in line with our strategy for international growth based on a nationwide network in the main markets and the acquisition of complementary technological and manufacturing skills.
CLEMSA therefore represents the first important step to improve our competitive positioning." advises FAAC CEO, Andrea Marcellan.
"CLEMSA's strong nationwide presence in Spain with 10 branches in the major cities, and the brand's undisputed fame as a manufacturer of customised electronic and radio-controlled equipment, will allow FAAC to manage local distribution channels effectively, an essentialy key success factor in the Spanish market." adds Jacopo Malacarne, FAAC Sales & Marketing Director.
"This takeover is in line with our strategy for international growth based on a nationwide network in the main markets and the acquisition of complementary technological and manufacturing skills.
CLEMSA therefore represents the first important step to improve our competitive positioning." advises FAAC CEO, Andrea Marcellan.
"CLEMSA's strong nationwide presence in Spain with 10 branches in the major cities, and the brand's undisputed fame as a manufacturer of customised electronic and radio-controlled equipment, will allow FAAC to manage local distribution channels effectively, an essentialy key success factor in the Spanish market." adds Jacopo Malacarne, FAAC Sales & Marketing Director.
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