FAAC Group Acquires Magnetic Autocontrol Group
Zola Predosa / Schopfheim, on April 27th 2012 FAAC SpA completed the acquisition of Magnetic Autocontrol Group, a world player in the domain of vehicle and access control. Headquartered in Schopfheim (Germany) Magnetic Autocontrol is a sound and strong company operating in the high growth market of vehicle and pedestrian access control covering the global market through subsidiaries in Germany, Switzerland, Australia, China, Malaysia, Brazil, India and the USA.
About Magnetic Autocontrol Group
Founded in 1946 and currently employing a staff of 270, Magnetic Autocontrol is an international Group headquartered in Schopfheim (Germany) and with direct presence in many key countries such as Germany, USA, Australia, Brazil, India, Malaysia, China where it operates manufacturing, sales and post sales assets. Magnetic Autocontrol is a world known player in the domain of vehicle and pedestrian access control, providing top quality products solutions such as vehicle barriers, pedestrian gates, custom-tailored product solutions as well as technology to system integrators in the field of fare collection, Immigration, boarding and security.
About FAAC Group
FAAC is an Italian Group founded in 1965 and based in Bologna. FAAC pioneered the market of gates, garage doors and barrier automation through its in-house expertise and continuous product development leading to several international patents pending. The Group activity is developed around four business lines: Gates automation and automatic barriers; Parking Revenues Control Systems; Automatic Doors and Complete Entrances; Tubular Motors applications. FAAC Group employs over 1.000 staff worldwide (data at Dec.31st 2011) in 7 European production plants and 15 foreign subsidiaries throughout the world.
Comments
Join the discussion