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Turck Group Acquires Vilant Systems, Becomes Europe-Based Solutions Provider
By buying the majority interest in the solutions company, the firm—now called Turck Vilant Systems—is now poised to be among the key RFID solutions providers in Europe.
Vilant has a history in the railway and paper manufacturing markets. The company has been seeking opportunities to grow, according to Jessica Säilä, the firm's marketing manager. "Vilant was looking for a strategic partner to expand globally," she says.
The company was founded 16 years ago. For the past five years, Säilä reports, it has been seeking a strategic partner to acquire the majority shares of Vilant. The company identified a short list of potential partners within the last year with which it hoped to combine, one of which was Turck. "They have been a long-term partner," Säilä states, "and we wanted someone who understood what we do."Metsa Fibre Boosts Accuracy, Speed of Wood-Pulp Shipments and RFID Drives up Efficiencies at ABB). The company has provided RFID systems for such rail-based customers as SBB Cargo (see SBB Cargo Provides Automated Alerts of Freight Car Movements Via RFID), using hardware from a variety of suppliers, including Turck. "We are a project company—purely a turnkey integrator," Säilä states. "We apply the hardware that will fit the application."
With the acquisition, Säilä says, the company will work with Turck hardware when appropriate, as well as systems from other third-party providers. Existing customers will continue to receive the same service from Vilant, she notes, adding, "We now will have more feet on the ground" globally to address the needs of customers around the world. Vilant will continue to leverage its existing engineers to develop solutions and will train Turck engineers as well. Its offices will remain open.
"We will certainly keep our existing subsidiaries since it is beneficial to be close to customers," Säilä says. Vilant will work with customers through its existing offices. as well teaming up with Turck's local sales forces in Germany, the United Kingdom, Belgium, the Netherlands, the Czech Republic and Finland. She predicts that manufacturing in the Czech Republic and Poland will become a growing market for the company, and it expects to serve an increasing demand in the automotive market and others as well.
"Vilant's 10-year compound annual growth rate has been over 20 percent," Säilä says. "We expect an increase with the additional 1,500 salesforce that Turck brings to the table with its 28 global subsidiaries."
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