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CONDIS SA ACQUIRES ELVEXYS SA
Source: | Author:stkworldcn | Published time: 2022-05-22 | 4336 Views | Share:

Proximity and complementarity

Beyond their technological compatibility, both companies originate in the Canton de Fribourg (Switzerland) which eases communications and cultural fit. Officially founded in 2019, Elvexys SA activities were initiated in 1998 by Infoteam Informatique Technique SA, specialized in information and communication technologies and predictive maintenance, as a spin-off of its Energy Solutions department. With over 1’200 successful projects to its credit, Elvexys can rely on a solid European customer base composed of renowned TSOs and DSOs. Elvexys SA’s General Manager Jérôme Page and its team of 20 employees will integrate CONDIS’ offices during the month of March. “We are very excited to join the CONDIS group. The activities of both companies are very complementary in a constantly digitizing sector and our visions for the future are perfectly convergent” says Jérôme Page.

Two years after its return to Swiss ownership through the acquisition by the Renaissance Foundation and management, CONDIS SA is thrilled to welcome the Elvexys’ team and to start addressing the tremendous potential of synergies and growth offered by this acquisition. By combining Elvexys and CONDIS’ competences in engineering, manufacturing, and intelligent devices, CONDIS targets the future of electrical substations as fully automated infrastructures.