Skip to main content

Nedap AVI and FAAC announce strategic partnership

After years of successfully cooperating for the Italian market, Nedap AVI and FAAC Group have announced a strategic global cooperation for solutions in vehicle access and parking. This strategic agreement will also include the marketing and sales of Nedap AVI products in combination with Zeag parking management systems. “The Nedap vehicle access product line fits naturally within the FAAC product range for vehicle access and parking. After years of cooperating for the Italian market, we are glad to also ext
April 17, 2012 Read time: 1 min
After years of successfully cooperating for the Italian market, 3838 Nedap AVI and 4937 FAAC Group have announced a strategic global cooperation for solutions in vehicle access and parking. This strategic agreement will also include the marketing and sales of Nedap AVI products in combination with 149 ZEAG parking management systems.

“The Nedap vehicle access product line fits naturally within the FAAC product range for vehicle access and parking. After years of cooperating for the Italian market, we are glad to also extend the partnership to the global arena and to include the Zeag Group,“ said Evelien O’Sullivan, Nedap AVI’s business development manager for the Italian market.

FAAC Group, a specialist in gates, garage doors and barrier automation, acquired Zeag Group, the Swiss based specialist in parking revenue management solutions, earlier this year.

For more information on companies in this article

Related Content

  • Nokia sells device business to Microsoft, but retains Here
    September 4, 2013
    Nokia Corporation has signed an agreement to sell substantially all of its devices and services business and licence its patents to Microsoft for US$7.1 billion in cash, payable at closing. Following the transaction, Nokia plans to focus on its three established businesses: NSN network infrastructure and services; Here mapping and location services; and Advanced Technologies technology development and licensing.
  • Potential game-changing MoU on tolling and ITS market cooperation for North America
    February 2, 2012
    Kapsch TrafficCom IVHS Corporaton and Federal Signal Corporation have entered into a Memorandum of Understanding after substantial discussions during the past few months regarding ways in which the two organisations might cooperate and jointly pursue mutual business interests in North America.
  • Coeval acquired, looking forward to growth
    December 13, 2013
    Specialist vehicle activated sign (VAS) and overhead vehicle detector (OVD) manufacturer Coeval Group has been acquired by QAS Asset Finance. Coeval’s owners, Nick Sharp and Gordon Bell have also announced their retirement after 26 years with the business. Coeval’s new managing director Gary Higgins was previously managing director of the TSEU Group that included Traffic Signals UK and Microsense Systems before they were acquired by Telent in 2008. He believes there are significant market opportunit
  • University of Alabama goes with the flow
    August 28, 2013
    The University of Alabama has installed Nedap’s uPass Reach long range UHF readers in a bid to improve traffic flow at its parking facilities for its over 33,000 students and employees. Due to the nature of class scheduling, the university experienced a large rush hour coinciding with class times and needed a solution that could improve parking throughput without sacrificing the security of their facilities or the oversight of their pay-for-parking registration system. Mississippi-based Access Control