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Adept Electronic Solutions, Total Turnkey Solutions join forces

"Merger Creates Largest Vision Services Firm" - PACE Magazine June 2011

1 May 2011:

Adept Electronic Solutions and Total Turnkey Solutions have announced a merger, creating the largest and leading provider of machine vision and imaging products and services in Australia and New Zealand.

The merger of these two companies to form Adept Turnkey Pty Ltd will create the premier machine vision industrial company, with a complementary portfolio of products, advanced technologies and enhanced growth opportunities.

The merger will take effect on 1 July 2011.

Adept chief executive officer, Marc Fimeri said, "Both Adept and Turnkey Solutions have been and continue to be very successful companies, but we need to respond as our organisations face increasing international pressures to offer better value to our customers. This merger will create a larger and stronger company to enhance the quality and value of our offering to our customers. Customers will see real benefits from this merger in better support, better systems and lower costs. It will also allow us to be better placed to grow into new markets and expand nationally, internationally and to adjust to the changing landscape of the automation sector.

The Turnkey Solutions team not only brings excellent machine vision expertise but also complementary product lines and products in the areas of data acquisition/test and measurement equipment, industrial automation and industrial computing products and systems."

Adept Turnkey Pty Ltd will have a combined expertise of over 50 years, making it the most experienced supplier of machine vision technology in the country today. The two companies see the merger as a perfect cultural and product fit. They have the approval and encouragement of their respective suppliers and all products that the two companies currently supply will continue to be supplied and supported.

Turnkey Solutions Sales Director, Mark Goulding said, "Both companies have a history of unprecedented growth in their markets. Adept Electronics is a recognised leader in machine vision and imaging, and I see excellent growth opportunities by bringing together two highly complementary companies and product ranges. The merger brings clear benefits for our customers including stronger national customer support, expanded product offerings, a broader customer base and increased value."

Both companies have highly qualified employees and have demonstrated a track record of success. Adept Turnkey Pty Ltd will soon be offering new job and career opportunities as part of a planned expansion. Marc Fimeri will be taking on the role as CEO of Adept Turnkey Pty Ltd, Mark Goulding is appointed sales manager and Kevin Dowsey will take on the role of technical manager. Adept Turnkey Pty Ltd will have offices located in Sydney, Melbourne and Perth and the company says that plans for expansion are already well defined.

Turnkey Solutions technical director Kevin Dowsey said "The combination aligns perfectly with Turnkey Solutions' strategy of providing high-quality machine vision systems and products to our customers. Both companies are passionate about the machine vision and automation market and, alongside our respective customers, have led the way in this market together. Given the alignment of our visions, technologies, and overall strategies, the combination of our two companies will advance the machine vision/automation and imaging industry, benefiting customers nationwide."

For more information contact

Marc Fimeri
mfimeri@adept.net.au