JSE-listed ICT service provider, Business Connexion (BCX) announced today (18 April 2012) that it has acquired 100% of the issued share capital of Quad Automation.
SA based Quad Automation provides specialised engineering design, development and consulting services for the industrial sector.
The company specialises in programmable logic controls (PLC), supervisory control and data acquisition (SCADA) and manufacturing execution systems (MES).
Through the acquisition, Business Connexion will become a bigger player in terms of industrial services, boosting the company’s profile in the mining, manufacturing, petrochemical and energy industries.
Business Connexion’s deputy CEO and group executive services division, Venssa Olver, said Quad Automation is a perfect fit for Business Connexion’s industrial service business.
“The skills required to deliver these solutions involve a blend of electrical, electronic and control system engineering disciplines, together with a good understanding of Information technology systems. These are scarce skills, hence this acquisition is key to further bolster Business Connexion’s competency in this area,” Olver explained.
“The acquisition also creates new opportunities that will include Industrial Solutions for relevant departments at a number of local and regional blue chip companies,” she concluded.