Luminator acquires Mobitec


Destination board maker Mobitec, with 80 percent market penetration in Australia, has a new owner

September 2, 2012

US-based Luminator Technology Group acquired Sweden’s Mobitec Group on July 10.

Luminator Technology Group's
global sales & marketing vice-president Oliver Wels says Mobitec will continue to exist at the new parent company.

"For our customers, this means we can continue to offer the products from the expanded group of companies and maintain the same high level of service quality," he says.

Wels says the group plans to develop new technologies and a new global service network.

"The merger will help make the Luminator Technology Group even more capable and customer-oriented in the future and will give our customers access to the full range of expertise available in the group."

In the 2011 calendar year, the Luminator Technology Group generated US$186 million in turnover and employed 600 workers.

Wels says Mobitec’s customers include numerous well-known bus manufacturers and transit operators around the world.

"We’re delighted that Mobitec has become part of the Luminator Technology Group."

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