Skip to main content

Jenoptik subsidiary announced in Brazil

Jenoptik is strengthening its activities in the South American market with the formation of Jenoptik do Brasil which will be located in São Paulo. The Industrial metrology division is expanding its service offering as a first step and positioning itself more closely to its South American customers in the automotive and automotive supplier industry. ”By opening up another key region we are consistently pursuing our approach of being close to the customer through having our own local presence,” said Jenoptik
June 13, 2012 Read time: 2 mins
79 Jenoptik is strengthening its activities in the South American market with the formation of Jenoptik do Brasil which will be located in São Paulo. The Industrial metrology division is expanding its service offering as a first step and positioning itself more closely to its South American customers in the automotive and automotive supplier industry.

”By opening up another key region we are consistently pursuing our approach of being close to the customer through having our own local presence,” said Jenoptik chairman Michael Mertin. The Jenoptik industrial metrology division will start off the process, opening up another key location of the global automotive industry. In this context, Jenoptik will primarily build on the division’s global presence which will enable it, as part of the Group, to target major international projects.

In the Americas (north, central and South America) Jenoptik posted sales of almost US$93 million in 2011. These are currently being generated mainly in North America. “We plan to achieve proportionally higher growth both in Asia as well as in America and to double our sales in these regions over the medium term”, stated Mertin, adding that the Group will be focusing not only on North America but on South and Central America as well.

It was only in May this year that Jenoptik had established its own presence in Singapore from where it intends to intensify its targeting of the South East Asian market. In the first step the industrial metrology division will also be expanding its business for the automotive and supplier industry there.

For more information on companies in this article

Related Content

  • Quarterhill announces shift in strategy driving revenue growth
    August 11, 2017
    Quarterhill has announced its financial results for the three- and six-month periods ended 30 June 2017, during which it announced a new acquisition-oriented growth strategy and changed the name of the public company to Quarterhill. The company posted revenue of US$18.6 million and adjusted EBITDA of US$4.8 million, Net income was US$3.6 million and cash from operations was US$3.1 million. It also acquired International Road Dynamics (IRD), a highway traffic management technology company specialising in sup
  • Webinar investigates truck telematics global growth opportunities
    March 30, 2016
    The Frost & Sullivan webcast on 5 April at 1500 BST will present the 2016 truck market outlook and will investigate the evolving global connected truck telematics industry discussing top market, technology and regional trends impacting market dynamics in 2016. Besides truck OEMs, after-market telematics providers, tier-1 suppliers, start-ups become considerable stake holders in the connected truck value chain. Start-ups focusing on mobile-based freight brokering, ELD (Electronic Logging Device) hardware and
  • Inrix expands into Brazil
    June 6, 2012
    Inrix, a leading provider of traffic information and driver services announced an exclusive partnership with MapLink, a leading provider of traffic and location-based services in Brazil. “Traffic congestion is one of Brazil’s biggest problems because the country’s infrastructure has not kept pace with its rapid economic growth,” said Inrix senior VP of business development Kush Parikh. “It’s come to a point where gridlock on the country’s roads is stalling further economic growth at a time when they can lea
  • In-car electronics and user demand for connectivity make case for automotive Ethernet
    January 22, 2014
    According to Frost and Sullivan, the use of Ethernet technology in automotive is gaining pace in Europe and North America. The paradigm shift towards connected cars and associated services such as automotive app stores and connected location-based services is fuelling the uptake. Along with the need to integrate multiple consumer electronic devices, the importance of offering prioritised, personalised services and maintaining brand identity are compelling automotive OEMs (original equipment manufacturers) t