Jotron and Zenitel have signed a contract for the sale of the Jotron Phontech portfolio I Jotron I Your Communication Partner

Jotron and Zenitel have signed a contract for the sale of the Jotron Phontech portfolio

Jotron, a leading manufacturer of safety communication products and solutions has signed a contract to sell the Phontech portfolio. Zenitel will purchase this portfolio which specializes in intercom and Public Address and General Alarm (PAGA) solutions for the Maritime and Oil & Gas markets.

12 October, 2018

If you require any information regarding the Phontech product portfolio, please refer to www.phontech.net

Jotron announces that it has signed a contract with Zenitel for the sale of the Jotron Phontech portfolio. This contract is structured as a two-step transaction with a closing subject to the fulfillment of the conditions. Located in Horten, Norway, the Phontech portfolio is specialized in intercom and PAGA solutions for the Maritime and Oil & Gas markets. The Phontech portfolio is currently integrated in Jotron and the transaction will be structured as an asset deal.

Over the past few years the Air Traffic Control (ATC) market has developed at a fast pace and Jotron is involved in an extensive number of global projects. The core technology and products within the ATC radio, recorder, GMDSS and AIS safety segments is where Jotron will increase its future focus.

Merete Berdal, Managing Director at Jotron is pleased with this agreement. “As a consequence of the demand in growth in the ATC market, and in the interests of maintaining a world leading company for maritime safety products, Jotron decided to look for a new owner for our Phontech portfolio. Zenitel is the natural choice. We believe Horten will gain an even stronger position by combining two major Intercom and PAGA providers into one world leading player,” says Merete Berdal.

“Phontech is a dynamic and flexible business organization, specialized in Intercom and PAGA solutions to the Maritime and Oil & Gas markets. This strategic acquisition will strengthen Zenitel’s position as a world-wide market leader for intelligent critical communication solutions in the Maritime industry,” says Kenneth Dastol, CEO at Zenitel.

Both parties expect the contract to be closed before the end of 2018.

For more information, please contact Merete Berdal, Managing Director – Jotron, tel: +47 3313 9700.

About Zenitel (www.zenitel.com)
Zenitel is committed to the success and future objectives of its Secure Communication Systems (SCS) activity that develops and distributes fully integrated communication platforms including Intercom, PAGA and two-way radio systems.

For more information, please contact Kenneth Dastol, CEO – Zenitel, tel: +47 4000 2511

Picture: Merete Berdal, Managing Director at Jotron and Kenneth Dastol, CEO at Zenitel.

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