PRESS RELEASE

from Basler AG (isin : DE0005102008)

Basler AG acquires remaining shares of i2S's distribution business

EQS-News: Basler AG / Key word(s): Takeover
Basler AG acquires remaining shares of i2S's distribution business

30.07.2024 / 07:47 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News 

Basler AG acquires remaining shares of i2S's distribution business 

Ahrensburg, July 30, 2024 – On August 1, 2024, Basler AG, a leading provider of image processing components for computer vision applications, acquires the remaining 74.9 percent of the distribution business of the former French distribution partner i2S. The joint venture Basler France, which was established in 2022 with a 25.1 percent stake, is thus a wholly owned subsidiary of Basler AG as of August 1.

Christian Stoffers, Head of Sales Europe at Basler AG: "We are delighted that with the successful acquisition and integration of the remaining 74.9 % of i2S, the joint venture is now fully part of Basler. The French market is an important step in Basler's European growth strategy. With a direct presence, we are supporting our transformation to a full-range supplier in another key European market. We ensure the greatest possible customer proximity through our highly experienced French team and local warehousing.”

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Basler AG is an international leader and experienced expert in computer vision. The company offers a broad coordinated portfolio of vision hardware and software. In addition, it enables customers to solve their vision application issues by developing customer-specific products or solutions. Founded in 1988, the Basler Group employs more than 1,000 people at its headquarters in Ahrensburg, Germany, as well as other sales and development locations throughout Europe, Asia, and North America. 
 

Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, 22926 Ahrensburg, Tel. +49 (0)4102-463101, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008 

 

 

 




Contact:
Basler AG
Verena Fehling
Tel. +49 4102 463 101
Email: Verena.fehling@baslerweb.com


30.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language:English
Company:Basler AG
An der Strusbek 60-62
22926 Ahrensburg
Germany
Phone:04102-463 0
Fax:04102-463 109
E-mail:ir@baslerweb.com
Internet:www.baslerweb.com
ISIN:DE0005102008
WKN:510200
Listed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:1956497

 
End of NewsEQS News Service

1956497  30.07.2024 CET/CEST

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