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Basler AG
M&A Activity • Jul 30, 2024
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Corporate | 30 July 2024 07:47
Basler AG acquires remaining shares of i2S’s distribution business
EQS-News: Basler AG / Key word(s): Takeover
Basler AG acquires remaining shares of i2S's distribution business
30.07.2024 / 07:47 CET/CEST
The issuer is solely responsible for the content of this announcement.
Corporate News
Basler AG acquires remaining shares of i2S’s distribution business
Ahrensburg, July 30, 2024 – On August 1, 2024, Basler AG, a leading provider of image processing components for computer vision applications, acquires the remaining 74.9 percent of the distribution business of the former French distribution partner i2S. The joint venture Basler France, which was established in 2022 with a 25.1 percent stake, is thus a wholly owned subsidiary of Basler AG as of August 1.
Christian Stoffers, Head of Sales Europe at Basler AG: “We are delighted that with the successful acquisition and integration of the remaining 74.9 % of i2S, the joint venture is now fully part of Basler. The French market is an important step in Basler’s European growth strategy. With a direct presence, we are supporting our transformation to a full-range supplier in another key European market. We ensure the greatest possible customer proximity through our highly experienced French team and local warehousing.”
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Basler AG is an international leader and experienced expert in computer vision. The company offers a broad coordinated portfolio of vision hardware and software. In addition, it enables customers to solve their vision application issues by developing customer-specific products or solutions. Founded in 1988, the Basler Group employs more than 1,000 people at its headquarters in Ahrensburg, Germany, as well as other sales and development locations throughout Europe, Asia, and North America.
Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, 22926 Ahrensburg, Tel. +49 (0)4102-463101, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008
Contact:
Basler AG
Verena Fehling
Tel. +49 4102 463 101
Email: [email protected]
30.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Basler AG |
| An der Strusbek 60-62 | |
| 22926 Ahrensburg | |
| Germany | |
| Phone: | 04102-463 0 |
| Fax: | 04102-463 109 |
| E-mail: | [email protected] |
| Internet: | www.baslerweb.com |
| ISIN: | DE0005102008 |
| WKN: | 510200 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1956497 |
| End of News | EQS News Service |