Merger of Canadian Subsidiaries

Merger of Canadian Subsidiaries

Ville St Laurent, 03/11/2015

Canadian entities fusion: Adetel Solution

Adetel Group is proud to announce the creation of Adetel Solution, born from the merger of the two Canadian entities Adetel SIE and Adetel Canada on October 15th, 2015.
The new merged entity will allow the consolidation and structuration of the commercial offering of the group and will support more effectively the sustained growth in North America, now with one hundred employees. The complementarity of the teams will develop synergies for innovation and operational efficiency in the design and industrialization of complex electronic systems for constrained environments. Adetel Solution is by itself alone the merge of know-how in system expertise, integration and solutions.

“We are targeting diversification and expansion,” said Benoit Meyniel, CEO of Adetel Solution. “Our groups are healthy and want to grow stronger by offering a wider range of products, services and innovative solutions bringing greater value to all our customers. We firmly believe that our clients need strong and multidisciplinary partners that effectively assist them in their development needs. ”

Benoit Morin, VP Sales and Business Development, added: “This merger underscores an added momentum to creativity on Montreal demonstrating the innovation and consolidation of our efforts in our preferred core businesses and areas of excellence. With the different projects platforms in place, we are able to naturally demonstrate our achievements in many areas. Diversification and innovation are largely the keys to success for Adetel Solution. It’s a dynamic way to demonstrate to our customers that our growth is real and is based on solid foundations. ”

It should be noted that the rise of the new Adetel Group subsidiary was made possible by the contribution from Investissement Québec, the Solidarity Fund QFL and the Montreal International, who accompanied us from the beginning of our efforts. The RBC Royal Bank of Canada has also supported the merging of our two entities.

About Adetel Group

With 600 engineers and gross sales forecast of 60M€ in 2015, Adetel Group has its headquarters in France, a mid-size company specialized in the design of embedded electronic systems for energy storage, power electronics and control applications in the aeronautics, defense and security, rail and medical sectors. www.adetelgroup.com

About Adetel Solution

Adetel Solution is a subsidiary of Adetel Group, created from the merger between Adetel Canada founded in 2012- and Adetel SIE -founded in October 2014- Adetel Solution is specialized in the design of passenger information systems and electronics engineering in constrained environments of transportation. www.adetelsolution.com

Press contact:

Adetel Group – Agnès Trottet, Communication & Marketing Officer
Tél. : +33 (0)4 26 49 23 19 / E-mail: atrottet@adetelgroup.com


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