News Archive 2011

17
Nov
2011
Sofinim to become majority shareholder Corporate
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Sofinim, subsidiary of investment group Ackermans & van Haaren, has considerably increased its participation in Egemin Automation. With this participation increase, Sofinim becomes the majority shareholder of Egemin Automation. Sofinim and Ackermans & van Haaren hereby express their confidence in Egemin Automation and the automation solutions delivered by its many talented employees.

Despite a challenging economic environment, Egemin Automation has maintained its market position in 2011 and significantly increased its revenues. The many major projects being realized across all four divisions will result in record revenues in excess of 100 MEUR per year end.

The strategic exercise, performed over the last two years, should support the further growth of Egemin and ensure high customer satisfaction. According to Jan Vercammen, CEO of Egemin Automation, “Strategy 2015 has already resulted in a stronger market positioning, based on intensified key account management, life cycle services and specialization in specific market segments. Our further specialization will ensure the development of state of the art specific industry know-how in Food & Beverage, Life Sciences, Distribution and Logistics, Tank Terminals, Paper & Printing and Infrastructure market segments. As such, ‘Strategy 2015’ will bring us even closer to the challenges and market developments our clients are confronted with”.


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