| 2000 |
|
Beijer Electronics enters a new and
exciting phase, the key feature being our listing on the Stockholm Stock
Exchange in June, implying Beijer Electronics achieving the status of an
independent quoted corporation. In turn, this generated a series of new
challenges, with higher standards on our communication and a sharper focus
on the group's business and objectives. |
|
|
|
| 2001 |
|
In October Beijer Electronics starts up an enterprise
in Stuttgart , Germany. The intention is to support and develop the
group's operator systems sales channel on the German market through
technical support and servicing, and by servicing selected end-customers.
Germany is Europe's single biggest market for
automation products. |
|
|
|
|
|
As a consequence of Stena Sessan acquiring 25 per cent of its shares in
late December, Beijer Electronics gains a new main owner. |
|
|
|
| 2002 |
|
In June, Beijer Electronics acquires the agency enterprise Autic
System, with the purpose to improve its market position within automation
and thereby strengthen against the main competitors Siemens and
ABB. |
|
|
|
|
|
The recent change in owner structure was followed by the appointment
of a new board at the Annual General Meeting in April . |
|
|
|
| 2003 |
|
In May, Beijer Electronics signs brand label agreements with two
German corporations , which will market and sell brand label Beijer
Electronics operator terminals globally. Intensive development initiatives
are started in the year, with the intention to develop future operator
systems products . Product modifications related to the new brand label
agreements also consume development resources. |
|
|
|
| 2004 |
|
The development initiatives are intensified and Beijer Electronics
launches its new EXTER operator terminal in autumn 2004. EXTER is
the first product in an all-new generation of operator terminals. This is
a result of the group's biggest iniative ever. EXTER is based on an
all-new platform, BEPP (Beijer Electronics Power Panel) - a new basic
concept underpinning the group's future operator terminals, signaling a
major technology shift. |
|
|
|
| 2005 |
|
In March 2005 Beijer Electronics acquires the Taiwanese company Hitech
Electronics - a renowned player in the sector, with sales focused
mainly on Asia. The acquisition brings Beijer Electronics a strategic
network of sales channels for the group’s proprietary operator terminals
on the high-growth Asian market. This means the group becoming a genuine
global player in HMI products. |
|
|
|
| 2006 |
|
In early April, Beijer Electronics decided to incorporate a subsidiary
in Shanghai, China. Through Hitech, the group already has a local
distributor in China. The primary purpose of the Chinese subsidiary is to
support the local distributor and service the market as part of the launch
of Beijer Electronics’ EXTER terminals in China.
In June, Beijer Electronics signed an agreement with Mitsubishi
Electric to take over the distribution rights to its agencies in Denmark
and the Baltic region, and those agencies Automation did not already
possess in Finland. Coincident with this deal, Mitsubishi Electric
acquired 15 per cent of the Automation business area. This deal gave the
Automation business area new growth opportunities, while simultaneously
conferring long-term stability and security to business, and our relations
with Mitsubishi Electronics. The deal was closed in October.
Building on the deal with Mitsubishi Electric, Automation acquired
parts of UTU Powel of Finland’s automation segment operations in Finland
and the Baltic countries. The deal was closed in October. The objective is
to further enhance and increase regional market shares, and increase the
sales of Beijer Electronics’ proprietary HMI products. |
| 2007 |
|
On January 1, Beijer Electronics takes over the agency for Mitsubishi
Electric products in the Danish market. |
|
|
At the same time a new subsidiary and an office outside of Copenhagen
was formed. The aim was to build an organization on the Danish market to
sell Automation's entire product range, including the Group's proprietary
operator terminals.
In March, Beijer Electronics signed an agreement to acquire the Danish
automation company Brodersen Automation A / S. The acquisition gave Beijer
Electronics a valuable customer base in Denmark and also a complementary
product portfolio for the entire Nordic and Baltic markets.
In June business area HMI Products acquired the German HMI company
Lauer. The acquisition was another milestone for Beijer Electronics. Lauer
gave the group a very strategic position and strengthened HMI Products
presence in the key German market. Germany is Europe's largest single
market for automation products.
In December, Beijer Electronics signed an agreement to acquire the
Swedish company Westermo Industrial Telecom AB. Westermo is active in
industrial data communication, which is an abstract developing field of
automation. |
|
|
|
| 2008 |
|
Westermo is part of the Beijer Electronics group and from January 1
forms a separate business area, Industrial Data Communications (IDC),
within the Group. |
|
|
|
| 2009 |
|
The new software platform iX was introduced in November. |
|
|
|
| 2010 |
|
Two strategic acquisitions were made in the year, one in the U.S.
and |
|
|
one in Taiwan. American QSI Corporation is a leading provider of rugged
operator terminals and mobile data terminals for industrial and transport
sectors. The acquisition gave Beijer Electronics a solid platform for
continued expansion on the North American market.
The Taiwanese
technology company Korenix, which develops and sells industrial data
communication equipment, gave Beijer Electronics access to a wider product
range, stronger sales in Asia, especially China and Taiwan, and a mutual
exchange of technology with Westermo. The acquisition is an important part
of Beijer Electronics’ growth plan for business area IDC in Asia.
The HMI Products business area expanded in several new markets with new
sales units in France and the UK.
In addition to the expansion through acquisition of Korenix business
area IDC set up a new sales and support unit in the U.S. to expand its
presence on the U.S. market. |
|
|
|