German optoelectronics group 79 Jenoptik is expanding its business in the Asia-Pacific region with the acquisition of 100 per cent of Australian company DCD Systems, a provider of traffic safety technology based in Sydney and Melbourne.
DCD was previously the sales and service partner for the Jenoptik Traffic Solutions division in Australia; Jenoptik has maintained a close working relationship with the company for more than 10 years. Within the framework of the acquisition DCD Systems will be integrated into the corporate and brand structure of the Jenoptik group.
This acquisition enables Jenoptik to expanding its access to a key market for traffic safety technology. Australia is seen as a pioneer in standards, both for technical equipment as well as for services and processes. Jenoptik technology has previously been deployed in New South Wales and Victoria.
Jenoptik sees growth opportunities primarily in Asia and America. In order to strengthen the targeting of the South East Asian market, Jenoptik formed an Asian holding company with registered offices in Singapore in November 2012. “We will in future be concentrating our entire Asia business under the umbrella of Jenoptik Asia-Pacific,” says Jenoptik CFO Rüdiger Andreas Günther.
“We are consistently pursuing our course of internationalisation”, said Jenoptik chairman Michael Mertin. “We are following the principle of having a direct presence close to our customers. With our own sales and service structures in Australia we are strengthening the role of our traffic solutions division as a leading global provider in this segment.”
Dieter Mönch, founder and managing director of DCD Systems said, “With the strength of the Jenoptik group behind us we will be able to expand our presence in Australia and develop additional markets in the region. We will be able to exchange expertise and create joint solutions across national borders even more quickly and with greater flexibility.” Dieter Mönch will remain Managing Director and together with his team continue the company’s operating business.
Jenoptik offers a wide range of traffic monitoring technologies, laser scanner, radar, piezo technology and induction loops, enabling it to provide most economical solution to meet any customer requirement in any environment.
In 2012, Jenoptik made progress in its goal of becoming a global player by formation of Jenoptik do Brasil, located in São Paulo, the centre of the Brazilian automotive industry, Jenoptik South-East Asia, based in Singapore, from where, as a first step, the Jenoptik Industrial Metrology division will be expanding its business for the automotive and supplier industry.
DCD was previously the sales and service partner for the Jenoptik Traffic Solutions division in Australia; Jenoptik has maintained a close working relationship with the company for more than 10 years. Within the framework of the acquisition DCD Systems will be integrated into the corporate and brand structure of the Jenoptik group.
This acquisition enables Jenoptik to expanding its access to a key market for traffic safety technology. Australia is seen as a pioneer in standards, both for technical equipment as well as for services and processes. Jenoptik technology has previously been deployed in New South Wales and Victoria.
Jenoptik sees growth opportunities primarily in Asia and America. In order to strengthen the targeting of the South East Asian market, Jenoptik formed an Asian holding company with registered offices in Singapore in November 2012. “We will in future be concentrating our entire Asia business under the umbrella of Jenoptik Asia-Pacific,” says Jenoptik CFO Rüdiger Andreas Günther.
“We are consistently pursuing our course of internationalisation”, said Jenoptik chairman Michael Mertin. “We are following the principle of having a direct presence close to our customers. With our own sales and service structures in Australia we are strengthening the role of our traffic solutions division as a leading global provider in this segment.”
Dieter Mönch, founder and managing director of DCD Systems said, “With the strength of the Jenoptik group behind us we will be able to expand our presence in Australia and develop additional markets in the region. We will be able to exchange expertise and create joint solutions across national borders even more quickly and with greater flexibility.” Dieter Mönch will remain Managing Director and together with his team continue the company’s operating business.
Jenoptik offers a wide range of traffic monitoring technologies, laser scanner, radar, piezo technology and induction loops, enabling it to provide most economical solution to meet any customer requirement in any environment.
In 2012, Jenoptik made progress in its goal of becoming a global player by formation of Jenoptik do Brasil, located in São Paulo, the centre of the Brazilian automotive industry, Jenoptik South-East Asia, based in Singapore, from where, as a first step, the Jenoptik Industrial Metrology division will be expanding its business for the automotive and supplier industry.
