Additional order and acquisition help expand Jenoptik

The Jenoptik Traffic Solutions division has taken over Robot Nederland B.V. The presence in the Netherlands has also enabled Jenoptik to receive a new order for stationary traffic monitoring.
At the end of April 2014, Jenoptik Robot GmbH, a key part of the Jenoptik Traffic Solutions division, increased their holding in the Dutch company Robot Nederland B.V. from 30 to 100 percent. The parties have agreed not to disclose the purchase price. The company, with its headquarters in Riel in the Netherlands, will be completely integrated into the group structure in the coming months.

Jenoptik CEO Michael Mertin: “This step is a manifestation of our consistent strategy to take more responsibility with and for our customers directly on site. This will allow us to incorporate our know-how into future projects with great customer benefits. The success of this strategy has been demonstrated over the past year, such as in Australia for example. Following the acquisition of our long-term sales partner we were able to take advantage of our joint expertise and presence to acquire our first major order in the region.”

New order for stationary traffic monitoring.

The branch also received a new order for Jenoptik from the Dutch Central Justitieel Incassobureau (CJIB). This includes the delivery of a total of 80 stationary TraffiStar S290F and SR290F systems for speed and red-light monitoring. The order is subject to the EG100 framework agreement applicable in the Netherlands. The order volume is in the single-digit million euro range.

The Jenoptik Traffic Solutions division will operate and maintain the systems over the next eight years. It is expected that the delivery of the systems will start in the first half of 2014, with installation being completed at the start of 2015.

Read more: http://evertiq.com/news/34367


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