The acquired company will be part of the Business Unit HUB Parking Technology
FAAC Group a leading company and an international pioneer in the automated systems industry and the control of pedestrian and vehicle accesses for residential and commercial applications, has announced the acquisition of Olmi Impianti Srl, a company with twenty years experience in providing turnkey solutions for parking systems and pedestrian access control systems. The acquired company will be named HUB Italia, and will be part of HUB Parking Technology, a Business Unit of the FAAC Group. This deal will enlarge the companies’ Italian customer base and it will be able to offer its systems, installation and commissioning service as well as after sales assistance.
About HUB Parking Technology
HUB Parking Technology is the FAAC Group Business Unit that develops, manufactures and sells Parking Revenues Control Systems branded FAAC, ZEAG and Datapark. Through its local group companies and distributors it is represented in North & South America, Europe, Africa, the Middle East, Asia and Australia.
FAAC Group is world leader and international pioneer in the automated systems industry and the control of pedestrian and vehicle accesses for residential and commercial applications. The Group activity is developed around three business units: Access Automation, Parking and Access Control dealing with gate and garage door operators, automatic entrances, tubular motors, automatic bollards and barriers, Parking solutions and Access Control. FAAC was founded in 1965 and is today an international industrial Group with over 1.400 employees, 12 production plants in Europe and 25 foreign subsidiary companies throughout the world. The Group Headquarter is based in Zola Predosa, Bologna, Italy.