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BST eltromat restructures subsidiary operations

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Published: 14 August 2019 | No comments yet

BST eltromat restructures subsidiary operations

TubeScan are inspection system from Nyquist Systems for 100% inspection and web monitoring in the narrow web market

BST eltromat has decided to close parts of its BST ProControl business unit, placing a focus on the company’s core competencies instead.

Deliveries of new measuring systems and system upgrades from BST ProControl will cease at the end of 2019. The service department will remain in place. A team of seven people will continue to serve the existing customers of BST ProControl around the world. This includes aftersales support, help desk, service technician visits to customers, and the delivery of spare parts and radiation sources.

BST eltromat founded BST ProControl as a 100% subsidiary through the acquisition of the companies betacontrol and Protagon in 2013. It was fully integrated into the processes of BST eltromat as an independent business unit in early 2017.

The process of the partial closure will be carried out as smoothly as possible for BST ProControl customers.

The move follows a detailed analysis of market prospects by BST eltromat. It also supports the ‘perfecting your performance’ strategy of the elexis Group, of which BST eltromat is the biggest subsidiary.

The acquisition of the majority stake in Nyquist Systems, which was concluded by elexis AG in early 2019, also falls into this strategy. Inspection systems from the TubeScan family of Nyquist Systems complement BST eltromatʼs product range in the areas of 100% inspection and web monitoring in the narrow web market. Both the partial closure of BST ProControl and the majority stake in Nyquist Systems represent a strengthening of the company’s core competencies.

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