CAME continues to invest in the growth of its range of products for the video door entry and entrance control market, acquiring UK-based Entrotec Limited, a local market leader with a turnover of GBP 10 million. The transaction, completed by CAME UK, leads the Group to further expand its brand portfolio in the UK, giving a strong message to the industrial sector. With the creation and entry of CAME Entrotec, the UK subsidiary of CAME S.p.A is further strengthened and can continue to pursue its goal of exceeding Euro 40 million in sales in the local market by 2021.
"CAME is growing all over the world and the UK holds a very important part of our strategic plan for the future - commented Andrea Menuzzo, President of CAME S.p.A. - By acquiring a company like Entrotec and bringing it into the Group, we demonstrate our willingness to focus on the integration of our systems and to pursue the objective of offering our partners and customers increasingly compatible and high-performance solutions. After the acquisition of CAME KMS in January 2021 - concludes Menuzzo - Entrotec was the second target of the year: as a result, the Group will supply not only video door entry systems and access control for residences and commercial buildings, but also for public buildings and social housing”.
Entrotec's entry into the CAME family will allow the company to accelerate the development of its entire product portfolio. Furthermore, CAME expects to leverage the market segments in which Entrotec currently operates, consequently increasing its market share in various sectors. By gaining access to the Group's entire range, CAME Entrotec will improve its efficiency levels, allowing both companies to benefit from investment and R&D activities.
Established in Livingston, in 1986, Entrotec has experienced significant growth in a variety of areas. Its success can be attributed in part to its development process, including the centralization of design, manufacturing and quality testing in one location in Scotland, which for Entrotec means being able to produce high value products and pursue an excellent growth trend. Entrotec's commitment to service and established customer relationships are the foundation of a company that is fully in line with the values of the CAME brand, which is why it had become a key target for the growth of the entire Group.