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05.10.2023 10:00:16
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Komax Group strengthens its market position in France, Morocco, and Tunisia
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KOMAX Holding AG
/ Key word(s): Acquisition
Dierikon, 5 October 2023 Media release The integration of the Schleuniger Group into the Komax Group has been proceeding according to plan since the combination at the end of August 2022. This includes, for example, the optimization of the global sales and service network to be able to respond to customers needs in the best possible way. To this end, with effect from 1 October 2023, the Komax Group acquired Alcava SAS, Schleunigers distribution partner in France, Morocco, and Tunisia. The Komax Group acquired Alcava SAS with effect from 1 October 2023, including the companies Lintech in France, Malintech in Morocco, and Tulintech in Tunisia. Alcava has been distributing Schleuniger Group products in these three countries for more than 15 years. The acquisition strengthens the Komax Groups market position both in the Industrial market segment in France and in North Africa, which is a key region for the automotive market, among others. Lintech, Malintech, and Tulintech are the perfect complement to our existing sales and service structure in France and North Africa, and are enabling us to strengthen our market position in these growth markets, explains Matijas Meyer, CEO Komax Group. I am delighted that more than 40 new employees are joining the Komax Group, bringing with them considerable experience in sales and providing services. Contact Komax is a globally active technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry, the Komax Group helps its customers implement economical and safe manufacturing processes, especially in the automotive supply sector. The Komax Group employs about 3400 employees worldwide and provides sales and service support via subsidiaries and independent agents in more than 60 countries. Komax Stories Komax Holding AG, Industriestrasse 6, 6036 Dierikon, Switzerland
End of Media Release |
| Language: | English |
| Company: | KOMAX Holding AG |
| Industriestrasse 6 | |
| 6036 Dierikon | |
| Switzerland | |
| ISIN: | CH0010702154 |
| Valor: | 907324 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1742279 |
| End of News | EQS News Service |
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1742279 05.10.2023 CET/CEST
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