Komax Group strengthens its market position in France, Morocco, and Tunisia
October 05, 2023 at 04:02 am EDT
Share
KOMAX Holding AG
/ Key word(s): Acquisition
Komax Group strengthens its market position in France, Morocco, and Tunisia
05.10.2023 / 10:00 CET/CEST
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, Schleuniger’s 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 Group’s 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
Roger Müller
Vice President Investor Relations / Corporate Communications
Phone +41 41 455 06 16 roger.mueller@komaxgroup.com
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
Topics and insights from the world of automated wire processing: https://www.komaxgroup.com/en/stories
Komax Holding AG is a Switzerland-based holding company engaged in the machinery sector. The Company specializes in mechatronics, electronics and software technology, and concentrates on developing, producing and marketing capital goods and services for wire-processing, photovoltaics and medical technology applications. The Company divides its activities into three main business units: Wire, Solar and Medtech. The Wire business unit operates in the sector of wire-processing. The Solar business unit develops, produces and sells machines for the production of crystalline and thin-film modules. The Medtech business unit manufactures and markets machines and systems for the assembly of medtech products, such as inhalers and insulin delivery or injection systems. The Company also provides sales and service support functions through its subsidiaries and independent agents in over 60 countries. The Company operates production facilities in Europe, North and South America, Asia and Africa.