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HMS acquires Procentec

   

HMS acquires Procentec

As of the 1st of October 2020, Procentec has become a member of the HMS group. HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has acquired 70% of all shares in the Dutch company Procentec B.V.

A logical step in the continuous growth of the Company,” says Pieter Barendrecht CEO of Procentec. “We are very excited to become part of HMS which opens up new doors for Procentec. HMS’ size and international presence will be a great asset for Procentec in our continued expansion. There will also be excellent opportunities for IP-sharing between the companies, as well as for co-creation of solutions related to industrial networking and Industry 4.0.”

Procentec fills a gap in HMS’ offering within communication infrastructure. Industrial networks are vital in industrial processes, and Procentec’s products and services improve uptime and data availability significantly in these critical networks,” says Staffan Dahlström, CEO of HMS Networks. “With Procentec, HMS gets access to an aftermarket business related to the huge installed base of industrial networks globally, positioning HMS much closer to the end users of industrial networks. This is a very interesting new dimension for HMS given the fact that we today mainly supply products to device manufacturers and machine builders”.

Procentec’s offering is designed to ensure reliable network infrastructure for industrial networks such as PROFIBUS, PROFINET, EtherNet/IP and other industrial Ethernet standards. The portfolio includes the products ProfiTrace, ProfiHub, ComBricks, Atlas and Osiris which help field technicians perform network monitoring, analysis and troubleshooting - on site at factories, as well as remotely, preventing undesired manufacturing downtime.

www.procentec.com

(Photo: HMS CEO Staffan Dahlström (right) in a video conference with Procentec CEO Pieter Barendrecht)



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