05/11-04   -   Pressemeldinger

Bewator continues its growth strategy and acquires Antech, Scandinavian market leading CCTV group

Bewator– one of the European market leaders in access security – announced today it has acquired all shares of the privately owned Antech group (Antech A/S and Antech Scandinavia AB).

Bewator also announced today that it has divested its Business Area Parking (Cale Access AB) to Swedish Mellby Gård Industri AB, that also is part owner of Bewator Group.
Bewator is thereby concentrating all its operations to the growing access security market.

Antech is a market leader in the distribution of video security products in Scandinavia.
Founded in 1988, the company has built a market leading distribution business in video security products in Denmark and Sweden. The company has 17 employees and has its headquarters in Brøndby, Copenhagen.

Market synergies
Antech has invested in a strong brand and value added services to customers. Through this acquisition Bewator continues to strengthen its market position in access security solutions in the Nordic region.

Bo Kastensson, CEO of Bewator Group says “Bewator is committed to delivering the best security solutions and services to end-users via our market leading network of partners and installers. Antech will bring to our customer base CCTV market knowledge, and will benefit from Bewator’s large installed base and expertise in integrated systems.“

Creating a strong platform for total security solutions
“The acquisition of Antech will also help strengthen our in house competences in the design and supply of total security solutions in Scandinavia" continues Bo Kastensson, “and will improve Bewator’s competitiveness in its all important home market".

Antech’s knowledge in network and IP CCTV solutions complements Bewator’s strategy to deliver open, modular security systems (e.g. the integration of the Bewator 2010 system with the Eventys digital video management system). The combination of both companies’ expertise will, amongst others, provide a strong platform for integrated access control and video security over IP.

Through the merger of Bewator and Antech, the potential has been created for an efficient integration between security systems in access control, alarm systems and video control, areas where Bewator has a recognised market position.

Continuing a winning formula
“Antech has developed positively through the years and can now enjoy a faster growth as part of an internationally recognised leading security group. With the addition of Bewator’s development resources and international network, we will be able to benefit from a leading position in Sweden and a strong position in the other Nordic countries as well as business opportunities in many other European market," says Michael Anthonsen, MD of Antech A/S.

Strengthening home market position
Bewator is the market leader in access control in the Nordic countries (Sweden, Norway, Denmark and Finland) and one of the leading companies in this field in Europe. Bo Kastensson, Group Chief Executive of Bewator comments on the acquisition:

“Antech has successfully developed a market leading position in the distribution of video security products, and this is an area we wanted to strengthen in Scandinavia. As Bewator is in a phase of solid international growth, it is in that context that we need the strongest possible business base in our all important home market."

For further information please contact:
Bo Kastensson, President and CEO, Bewator Holding AB, tel: +46 8 629 0300
Michael Anthonsen, MD Antech A/S, tel +45 43 29 0000

About Bewator
Bewator is an international leader in the field of Access Security. Bewator develops and markets products and systems within the area of access security.
According to leading market analysts Frost & Sullivan, Bewator is ranked as one of the top three European Access Control suppliers. In addition, Bewator is reported to hold the dominant number one position in Scandinavia.
Bewator has some 330 employees with the group headquarters located in Solna, Sweden and subsidiaries in Sweden, Norway, Denmark, Finland, Germany, the U.K., Belgium, and the Netherlands.

Bewator’s major shareholder is EQT, founded by Investor AB, a holding company in the Wallenberg Group. Investor AB also has controlling interests in other leading Swedish international companies such as SAAB, Electrolux, Atlas Copco, Ericsson, ABB and AstraZeneca.