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Cale Access becomes majority shareholder of Cale Deutschland GmbH

Source: http://www.cale.se

Cale Access AB has as of July 31st acquired a further 50 % of the shares in Cale Deutschland GmbH, which makes Cale Access the majority shareholder with 75 % of the shares.

Cale Access has been active in the German market for more than 40 years, distributing its products via local distributors. Germany is today one of the most important markets for Cale Access, with more than 9000 parking terminals sold. Through the acquisition, Cale Deutschland also receives the resources to strengthen its own organisation with new sales personal, which enables Cale Deutschland to support the whole German market directly and improve marketing and support functions.

"Becoming a majority share holder of Cale Deutschland, gives us the opportunity to continue and work closer with our German end customers. Since we have been active on the German market for more than 40 years, we have established many important long term business relations, and knowledge of the German market” says Torkel Härdeman, Managing Director of Cale Access.

Cale Access, founded in 1955 and specialized in products for parking, has become one of the leading suppliers of advanced and flexible pay & display machines in the world with subsidiaries in Norway, United Kingdom, Canada and Germany.

Reinhard Kipka, Managing Director of Cale Deutschland, agrees: “Considering that the first pay-and-display machine installed for parking in Germany came from Cale Access, almost twenty-five years ago, the Cale brand name is well known in Germany. Cale Access becoming the majority share holder in Cale Deutschland makes the statement that Germany will be an important market in the future.” Mr. Kipka continues, “We are now focusing intensively on marketing, which we will do together with our distributors, with whom we will continue our long term co-operation”.

With the experience Cale Access has gained over the years, Cale Access is today in a position where the company’s products have been installed in about 50 countries around the world. Since 1997 Cale Access belongs to the Swedish Bewator Group (www.bewator.com), a private international group of access & surveillance security companies, with EQT (www.eqt.se) being the major shareholder.

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