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» OIARTZUN , SPAIN ( October 15 , 2020 ) SALTO Systems (“ SALTO ”), a leading manufacturer of electronic access control solutions , has acquired Gantner Electronic Austria Holding GmbH (“ Gantner ”).
SALTO is a leading manufacturer in electronic access control solutions with trusted customers in Education ( Princeton University , University of Oxford ), Hospitality ( Hilton , Meliá Hotels and Resorts ), Healthcare ( Cleveland Clinic ), Commercial ( Assemblée Nationale , T-Mobile ), Working Spaces ( IWG Group , The Executive Center ), Retail ( BBVA , Migros ), Coliving & Purpose Based Student Accommodation ( The Student Hotel , Sonder ) and Residential ( Greystar ). Having one of the broadest product portfolios in access control worldwide , SALTO can fulfill virtually every technical and functional requirement . Thus , access control solutions by SALTO can encompass almost every access point in a building and its perimeter . SALTO ’ s access control management software provides an intuitive usercentered software interface that makes it simple and secure to incorporate access control for any type of building size or user need .
In addition to Gantner , SALTO has added Clay ( NL ) and Danalock ( DK ) to its portfolio in recent years , thereby strengthening its position in cloud , mobile access , and customer-centric solutions such as ticketing systems and cashless payment .
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Gantner is an Austrian company specialized in access systems , electronic locking and locker systems , cashless payment , cash register and billing systems , staff time recording systems as well as ticketing and management software for leisure facilities . A customer-centric and serviceminded culture positions Gantner as a preferred partner to a variety of customers ranging from small and mid-cap enterprises to industry-leading Fortune 500 companies .
The transaction was financed by a combination of capital increase , bank financing and cash . The capital increase amounts to € 125 million and has been subscribed by both existing shareholders such as ALANTRA ( SP ) and new investors such as SOFINA ( BE ), PENINSULA CAPITAL ( LUX ), and FLORAC ( FR ). Financial investors will hold a combined
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30 % stake in SALTO , with the remainder retained by SALTO ’ s founding members and managers ( 60 %) and private investors ( 10 %).
Part of what attracted SALTO to Gantner was their strong commitment to research and development . “ The addition of Gantner to the SALTO portfolio offers a very bright future for our ability to continue to deliver the absolute best in electronic access control solutions ,” said Javier Roquero , the Co-founder and CEO of SALTO . “ The Gantner product suite offers a variety of innovative locking solutions as well as cashless payment and ticketing systems that enrich and diversify our product offering and will enhance the end-user experience . We are thrilled to welcome Gantner to the SALTO family .”
“ Thanks to the new partnership with SALTO , we can expand our product portfolio , take advantage of
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important synergies , better target our markets and address customer segments with precision . This puts us in an optimal position to continue our dynamic growth ,” said Elmar Hartmann , CEO Gantner Group .
With a combined workforce of 1,200 employees in 40 countries , including more than 230 dedicated to R & D , a turnover of € 260 million and over a million access points delivered each year , the combined group consolidates its position as a global leader in electronic access control .
SALTO and Gantner are ready and willing to accomplish new growth projects together . The combined group will enable SALTO ’ s customers to offer their guests and employees a hassle-free end-to-end journey ( e . g . access to parking lot , main entrance , elevators , ticketing , cashless payment , lockers , office doors , canteen and leisure facilities , all with the same credentials ). “ If there is one thing the global COVID pandemic has taught us , it ’ s that the ability to deliver more contactless solutions managed by end-users is very much needed and is here to stay ,” said Javier Roquero . “ Gantner has developed a variety of solutions that allow end users more autonomy in gaining access , paying for merchandise , and purchasing tickets and gaining entry to special events . This adds incredible value to our existing efforts to offer our customers more contactless solutions .”
www . saltosystems . com
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