Helsingborg – On September 8, MilDef Group completed the acquisition of the rugged product lines of American Reliance, Inc. (AMREL®)
Located in El Monte, California, AMREL’s Computer Division has been a long-standing, key player in the rugged computers market, providing COTS, modified COTS, and customized rugged solutions to Defense, Industrial, and Public Safety sector for the past 30+ years. With this acquisition, MilDef assume AMREL’s role and continue to market, sell, and service AMREL’s clientele with its complete range of rugged products’ portfolio.
Edward Chen, CEO of AMREL Group, states, “MilDef and AMREL have been partners for over two decades and this acquisition is a natural fit and the synergy is apparent. MilDef Inc. will carry on AMREL’s legacy under its MilDef brand name and continue providing our customers exceptional service and support after the acquisition. AMREL Computer Division will focus its effort on mobile biometric product line to provide secure and reliable products to global homeland security.”
”The US is an important market for MilDef and this acquisition allows us to further strengthen our position within that market. MilDef and AMREL have a long standing relationship so this feels like a natural step to take. The synergies after the acquisition will provide long term benefits for all parties and this is also in line with our international expansion strategy.” says Tomas Odelid, CEO MilDef Group.
The acquisition is expected to have a positive effect on the consolidated earnings already in 2016.
For further information, contact:
Tomas Odelid, CEO, MilDef Group, +1 571 290 1333, +46 705 250029, firstname.lastname@example.org.
Edward Chen, CEO, American Reliance, Inc., +1 626 443 6818, email@example.com.
Founded in 1985, American Reliance Inc. (AMREL®) core business has been in industrial power and rugged computer business, providing programmable power supplies, electronic loads, test equipment, and rugged computers to Industrial, Public Safety, and Defense sector. After the turn of the century, it expanded its business to capture emerging market trends and opportunities to include Renewable Energy and Medical. With the recent acquisitions of its initial core businesses, AMREL Group will shift its focus on clean energy, medical, and biometrics business. For more information, visit www.amrel.com.
MilDef Group consists of MilDef AB and MilDef Systems in Sweden, MilDef Limited in the United Kingdom, MilDef Inc in the United States and MilDef AS in Norway. MilDef develops, manufactures and sells rugged computers and special electronics to customers in the defense sector. Our portfolio consists of a complete range of rugged IT products, fully customizable. For more information, visit www.mildef.com
- MilDef AB
- Muskötgatan 6
- Postnummer & Ort:
- 254 66 Helsingborg
- Evelina Hedskog
- +46 42 250000