It has been announced worldwide that the $US 6,25 billion dollar French giant Air Liquide, has purchased a majority stake in the parent company of Centurion-based Keops Isis Industrial Information Systems (Pty) Ltd. (Keops Isis).
This acquisition effectively positions Air Liquide as a substantial shareholder in Keops Isis, a joint venture between JSE-listed Altech group and Canadian solutions provider Keops Technologies Inc. (Keops).
Keops Isis specializes in developing cost effective solutions for Operations Management Systems (OMS), that span production and its supporting processes, Process Monitoring and Control Systems (PMC), and integrating multi-level industrial information.
Phillip Pretorius, Managing Director of Keops Isis, said that "for Keops Isis in Southern Africa it will increase our presence in our target market, the Process Industry, as well as being a further source of capital for possible acquisitions. It will also create international opportunities for Keops Isis personnel, with Air Liquide represented in more that 60 countries around the globe."
Boston based AMR Research reported, "The Keops acquisition is part of Air Liquide`s strategy of building an Information Technology (IT) services business targeted at its manufacturing clients. As one of the world`s leading providers of industrial gases and the services associated with them, Air Liquide recognised an opportunity to also deliver industrial IT services to its clients. It plans to build on its relationships, but in order to be credible, it will build its IT services through acquisitions and partnerships. The Keops acquisition is seen as a foundation for making Air Liquide`s objectives a reality."
Overall this transaction will vastly accelerate organizational growth and international expansion. Keops and Air Liquide are both involved in specific process manufacturing Industries.
Air Liquide supplies, amongst other market verticals, industrial utilities for manufacturers such as iron & steel, refining, chemicals, pulp & paper, metallurgy and food processing industries. The resulting synergies will produce a more rapid expansion of geographical coverage as well as accelerate the pace of activities. It provides a vehicle to extend organizational value proposition of leveraging industrial utilities with solutions that will help clients to compete more effectively, through more efficient use of industrial utilities across the entire enterprise, including the supply chain.
Keops Isis offers services in the design, development and integration of vendor independent solutions, which at all times incorporate modern techniques, proven technology trends and apply ISO9000 quality standards.
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