exceet Card Group, one of Europe’s leading chip and plastic card manufacturers, has made a significant move in the government sector with its recent acquisition of Danish Government ID specialist idpeople. The company, headquartered in Kematen in Tyrol, Austria, is known for its high-quality card solutions in the government, banking, transport & access, and retail industries. This acquisition further strengthens exceet Card Group’s position in the market and expands its reach into Scandinavia.
According to Ulrich Reutner, CEO of exceet Card Group, the acquisition is a major milestone for the company and aligns with its buy-and-build strategy. He explains, “We will continue to invest in promising companies to offer tailor-made card solutions to our customers around the globe.” With this expansion, exceet Card Group now has production sites in Austria, Germany, Switzerland, Belgium, the Czech Republic, and Denmark, making it a truly international player in the industry.
COO Robert Wolny is pleased with the company’s growth and sees great potential in this new partnership. “The acquisition of idpeople further positions exceet Card Group as a leading card manufacturer in the government ID sector. The new location in Scandinavia will open up new markets and enables us to win even more international projects,” he says.
idpeople’s CEO Jesper Mikkelsen also shares his excitement about joining forces with exceet Card Group. “We were looking for a strong partner to tackle larger projects. exceet Card Group is an established player in the high-security area, especially in the government sector. This makes the group the perfect partner for us. We are looking forward to realizing projects together and benefiting from the additional Know-How,” he says.
This acquisition brings exceet Card Group’s revenue to 80 million euros and adds close to 400 highly qualified employees to its workforce. With this growth, the company is well-positioned to continue providing top-notch card solutions to its clients.
For more information about exceet Card Group, please visit www.exceet-card-group.com. For press inquiries, please contact Pamela Graf at pamela.graf@kraftkinz.com or +43 660 15 17 597.
Distributed by https://pressat.co.uk/
