MilDef Completed Acquisition of Rugged Product Lines of American Reliance (AMREL®)
Located in El Monte, California, AMREL’s computer division has been a long-standing key player in the rugged computers market, providing COTS, modified COTS, and customised rugged solutions to the defence, industrial and public safety sector for the past 30 years.
With this acquisition, MilDef assumes AMREL’s role and continue to market, sell, and service AMREL’s clientele with its complete range of rugged products’ portfolio.
AMREL Group CEO Edward Chen stated: "MilDef and AMREL have been partners for more than two decades and this acquisition is a natural fit and the synergy is apparent. MilDef will carry on AMREL’s legacy under its MilDef brand name and continue providing our customers with exceptional service and support after the acquisition.
"AMREL computer division will focus its efforts on mobile biometric product line to provide secure and reliable products to global homeland security."
"The US is an important market for MilDef and this acquisition allows us to further strengthen our position within that market. MilDef and AMREL have a long standing relationship so this feels like a natural step to take.
"The synergies after the acquisition will provide long-term benefits for all parties and this is also in line with our international expansion strategy," said Tomas Odelid, CEO MilDef Group.
The acquisition is expected to have a positive effect on the consolidated earnings already in 2016.
For further information, contact:
Tomas Odelid, CEO, MilDef Group, +1 571 290 1333, +46 705 250029, firstname.lastname@example.org.
Edward Chen, CEO, American Reliance, +1 626 443 6818, email@example.com.