Salto Systems takes over Gantner Electronic
Salto Systems, manufacturer of electronic access control solutions, has acquired Gantner Electronic Austria Holding GmbH, which specializes in electronic access, ticketing and accounting systems as well as intelligent cabinet locking systems. This has also changed the structure of Salto's shareholders.
The acquisition consolidates Salto together with Gantner its position as a global market leader in the field of electronic access control. It employs around 1,200 people in 40 countries, of whom more than 230 work in research and development. Sales of 260 million euros are generated and the equipment comprises more than one million access points per year.
Capital increase of 125 million euros
The acquisition was made through a combination of capital increase, bank financing and cash. The capital increase amounts to 125 million euros and was subscribed by both existing shareholders such as Alantra (ES) and new investors such as Sofina (BE), Peninsula Capital (LUX) and Florac (FR), Salto writes. As a result, financial investors would now collectively hold 30% of Salto's shares, with the remaining shares remaining with the company's founders and management team (60%) and private investors (10%).
With one of the broadest product portfolios in the world, the company is able to meet virtually any requirement and thus equip almost any access point in buildings and properties. The access management software offers an intuitive, user-friendly interface that ensures simple and secure management for applications of all types and sizes.
In recent years, Clay (NL) and Danalock (DK) have been added to the portfolio, strengthening the company's position in the cloud and mobile access sectors in particular.
Offering comprehensive solutions to end customers
Gantner is an Austrian company specializing in electronic access systems, intelligent locker locking systems, ticketing and accounting systems, and time and attendance. A customer- and service-oriented corporate culture positions the provider as a partner of choice for a wide range of customers - from small and medium-sized enterprises to industry-leading Fortune 500 companies.
"The addition of Gantner to Salto's portfolio offers a dazzling future prospect to further expand our position today as a provider of best-in-class electronic access solutions," said Javier Roquero, co-founder and CEO of Salto. "Gantner's offering expands and diversifies our product portfolio to include innovative locking solutions as well as cashless ticketing and payment systems, allowing us to offer our end customers more comprehensive solutions that go beyond access management."
Implementing growth projects together
"Thanks to the new partnership with Salto, we can expand our product portfolio, exploit important synergies, cultivate markets in an even more targeted manner and serve the segments with pinpoint accuracy. This puts us in an optimal position to continue our growth," says Elmar Hartmann, Managing Director of Gantner.
The two companies will jointly implement new growth projects. He said they will offer customers end-to-end, seamless solutions across a wide range of areas from a single source, such as the use of access points, main entrances, elevators, ticketing, cashless payment, lockers, office doors, cafeterias and leisure facilities with unified contactless credentials. "If there's one thing the Covid 19 pandemic has taught us, it's the need to provide systems that help reduce physical contacts," says Javier Roquero. "Gantner has developed manifold solutions that allow users greater independence in accessing, paying for goods, purchasing tickets, and accessing events and recreational facilities. This adds incredible value to our contactless access control solutions."
