SYFIT – Smart Asset Management

PERI acquires majority stake in SYFIT GmbH

SYFIT GmbH was spun off from the RUD Group (Aalen/Oberkochen) as an independent company in 2017 and currently has 16 employees. Even after the takeover by PERI, the RUD Group remains a strategic co-shareholder. SYFIT offers digital solutions based on material identification and localisation for a wide range of applications. SYFIT GmbH will continue to operate under its current management, brand and company name.

PERI and SYFIT have been working together successfully for some time. For example, the identification technology used by PERI subsidiaries worldwide for the regular inspection of equipment subject to inspection in rental parks comes from SYFIT. In addition, SYFIT has extensive, award-winning expertise in innovative technologies for the identification and localisation of various types of equipment. Together with PERI, this know-how has been transferred to the construction industry and an innovative software solution for equipment management has been developed. This is being marketed by SYFIT GmbH.

"As a technology leader in our industry, digitalisation is an important strategic pillar for PERI. We are convinced that the development and implementation of new digital technologies offer great opportunities to achieve internal efficiency improvements and to provide our customers with innovative and value-added solutions," says Carl Heathcote, head of the PERI Next division.

"We are delighted and proud of PERI's investment in our company," said Zoltan Demeter, Managing Director of SYFIT GmbH. "The merger with PERI opens up unique development opportunities for both companies and will ensure that our solutions can be used even faster in the construction industry. In this way, we can continue to drive digitalisation in the construction sector and provide our customers with additional benefits and cost-saving potential".

Date
17. September 2024
Location
Weißenhorn, Germany
SYFIT – Smart Asset Management

Download Press Release