BOWE SYSTEC SA

BOWE GROUP ACQUIRES MAJORITY STAKE IN SOLCON

The BOWE GROUP, a leading supplier of integrated automation technologies headquartered in Augsburg, Germany, has acquired a majority stake in Solcon Systemtechnik GmbH of Lübeck, Germany.

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The BOWE GROUP, a leading supplier of integrated automation technologies headquartered in Augsburg, Germany, has acquired a majority stake in Solcon Systemtechnik GmbH of Lübeck, Germany. This step will allow the BOWE GROUP to expand its portfolio specifically with high-performance, electronic locating (RTLS) and RFID solutions, which are increasingly in demand in intralogistics and numerous other industries.

Innovative RTLS, RFID and other electronic locating technologies are gaining momentum as core components of the localization (track & trace) solutions uses in IoT to track assets and products in different branches of industry. The need for cost-efficient and high-precision RTLS and GPS solutions is rapidly increasing as various products, such as anti-collision systems, are launched where these are base technologies. Developing such solutions and implementing them in practice is meanwhile Solcon’s number one business segment, and the company has a reputation for innovativeness and technological leadership in this field. Founded in 1992, Solcon has also made a name for itself as a manufacturer of customized industrial PCs for use in particularly harsh or sensitive environments, as well as mobile workstations with multiple configuration options. The investment in Solcon, which was completed in mid-April 2023, gives the BOWE GROUP access to an attractive portfolio of advanced, trendsetting technologies.

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