AddSecure, a leading player in the secure critical communications sector, today announces the acquisition of Contal Security, a leading Swedish supplier of solutions for digital in- and outward alarm transmission and integrated security systems.
For both companies the merger creates valuable new opportunities to generate revenues, expanding product offerings and services, and jointly developing new products.
“Contal’s well respected expertise in digital in- and outward alarms and integrated security systems and AddSecures knowledge in secured critical communications is a powerful combination. The acquisition is a logical move that will further strengthen AddSecure’s business”, says Stefan Albertsson, CEO of AddSecure.
“We are confident that this deal will bring a broader product offering, greater support and additional
value to our joint customers.”
“Contal and AddSecure are both well-established brands that provide customers with premium products and services, and the combination will create a stronger business both in size and range of services, as well as ensure future expansion. In addition to an extended offering, customers will benefit from the stability that comes from a larger global supplier”, says Claes Åhlström, CEO of Contal Security.
Contal’s current CEO, Claes Åhlström, will take on the responsibility as business developer and will report directly to AddSecure’s CEO, Stefan Albertsson.
For more information, please contact:
Kristina Grandin, Corporate Marketing Manager, AddSecure
Mobile: +46 70 689 52 08