HMS Networks and Red Lion Controls Unite for Enhanced Industrial Information Technology
2 min readStaffan Dahlström, CEO of HMS Networks on the Red Lion workplace in York, PA.
HMS Networks has finalized the acquisition of Red Lion Controls from Spectris Group Holdings Limited. The two corporations at the moment are one entity and can begin working collectively on widespread go-to- market methods and product choices.
The acquisition, which was first introduced December 11, 2023, has now been authorised. This signifies that HMS Networks now has 1200 workers in 18 nations. Most workers are stationed within the U.S., Sweden and Germany.
What to count on
For HMS and Red Lion clients, there might be no preliminary modifications. The HMS and Red Lion firm names stay unchanged and product manufacturers might be marketed and bought as earlier than by way of the identical channels.
Production and delivery are dealt with from the HMS and Red Lion entities respectively. Contact particulars and electronic mail addresses stay, except for India the place Red Lion workers will get an hms-networks.com
tackle.
Synergies forward
Going ahead, the merger of the 2 corporations will present many synergies, particularly because it widens the American market for HMS and the European market for Red Lion. The best proportion of Red Lion’s gross sales comes from North America, by way of a well-developed distributor community that HMS will be capable to make the most of to drive gross sales of HMS’ gateway and distant entry providing. With about 60 % of its gross sales within the giant automation markets in Europe and well-developed and focused market channels, HMS will be capable to cross-sell chosen elements of the Red Lion providing in Europe.
“We are thrilled to welcome all new workers and valued clients of Red Lion to the HMS Networks household, marking an thrilling new chapter in our journey. As we now collectively provoke the combination course of, we sit up for leveraging our mixed strengths, shared values, and dedication to delivering distinctive buyer worth. Over the subsequent few quarters, our focus might be on making certain a seamless integration and actively pursuing synergies between our corporations. Together, we sit up for accelerating our place within the North American market.”, says Staffan Dahlström, President and CEO of HMS.
Rekha Nair