The acquisition of Centurion Systems by multinational access automation brand FAAC was formalised with a signing in Sandton, north of Johannesburg on the 30th of June 2016.
FAAC is a well-established name in the access automation arena, with 32 fully-fledged branches worldwide, an extensive distribution network and a storied history spanning five decades.
The acquisition marks the joining of forces of two world-renowned brands, promising far-reaching benefits not only for the parties involved, but also for clients, who will now be able to enjoy the myriad advantages that come with the melding of capabilities.
“We believe that the combination of Centurion’s strong knowledge of the market and of its end-users’ preferences, together with FAAC’s solid industrial, financial and technological competences, will be a paramount factor in the next years. FAAC will in fact add, where appropriate, technical and industrial competences, financial capabilities and international distribution channels to make Centurion even stronger and capable to fuel its growth path both in South Africa and outside,” says Patrick Dickens, Centurion’s CEO.
“We are excited to open new horizons for FAAC development in the whole of Africa and in key-countries outside of it, thanks to the long-term experience and know-how developed successfully by Centurion in the last 30 years,” says Andrea Marcellan, FAAC Group CEO.
“Centurion is an old-time customer from the ‘80s. Having seen it flourish as an independent manufacturer internationally, capable of integrating world-class management practices with local market understanding in South Africa, we are delighted to cross avenues again and to work together going forward,” says Jacopo Malacarne director of FAAC Simply Automatic.
Centurion wishes to assure its clients that its brand and products, people (including senior management) and distribution model will remain completely unchanged in light of the acquisition, and clients can expect the same level of quality and support that they have been receiving for the past 30 years, but with an enhanced international presence.
“This merely means that we are now part of a larger family, and will ultimately be able to provide our clients – new and old – with a much larger and more diverse service offering,” reiterated Centurion’s marketing and sales director, Richard Rohman.
The company invites the public to raise any queries and concerns regarding the recent transaction by sending an e-mail to [email protected]
Tel: | +27 11 699 2400 |
Email: | [email protected] |
www: | www.centsys.com |
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