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Bewator is ranked top three in European Access Control market according to Frost & Sullivan
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Solna, Sweden – September 16, 2003.
In a recent study of the European Industrial and Commercial Security Market by the leading market analysts Frost & Sullivan, Bewator is ranked as a top three European Access Control supplier. In Scandinavia, Bewator is reported to have a dominant number one position.
The research report estimates the total European Access Control market to be worth $842.4 million in 2003. The Frost & Sullivan report confirms Bewator’s strategy of actively creating opportunities for stronger growth in strategic markets. “Being a market leader in the growing Access Control market gives our customers the assurance that Bewator continues to provide highly efficient access security solutions”, says Bo Kastensson, President and CEO of Bewator.
The Bewator group is geared for international growth, including even stronger product development and distribution networks. As part of this ongoing commitment to international expansion, Bewator has during the spring acquired five distributor companies in Norway, Finland, Denmark, Canada (Parking Control) and Germany (Parking Control).
For more information, please contact:
Bo Kastensson, President & CEO, Bewator Holding AB
phone:+46 8 629 0300
Full details on the European Commercial and Industrial Security Market is available from Frost & Sullivan at www.frost.com.
The Bewator group is a leading European company in access security. Bewator has headquarter in Solna, Sweden and has sales subsidiaries in UK, Norway, Denmark, Finland, Germany, Belgium, Canada and the Netherlands. Bewator has approx. 300 employees and annual revenues of € 55 millions. Bewator is controlled by EQT Finland, which is sponsored by Investor AB, the publicly listed holding company of the Wallenberg Group with controlling interest in Swedish technology companies such as SAAB, Electrolux, SKF, Atlas Copco, Ericsson and AstraZeneca. |
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