Phoenix Contact Acquires Perle Systems Limited
September 15, 2016
Canadian network specialist Perle Systems Limited joins Contact GmbH & Co. KG, based in Blomberg, Germany, as a subsidiary of the Phoenix Contact Group, an international operation that produces components, systems and solutions in the area of electrical engineering, electronics and automation.
Toronto-based Perle Systems provides products and solutions for industrial networks. Since 1976 the company has been developing and selling media converters, industrial Ethernet switches, and serial devices. The product range comprises a large number of variants and allows numerous and new applications as part of the digitalization process. Perle Systems has 50 employees.
Phoenix Contact plans to expand the new subsidiary into another competence centre for industrial networking within the group. Perle Systems Limited will continue its business operations under its own name.
With the acquisition of Perle Systems, Phoenix Contact has strengthened its competence as a provider of solutions for Industrie 4.0. “Perle Systems has extensive product know-how and successfully operates a global online business. This constitutes an important reinforcement for us with regard to the digitalization of business models. Due to the incorporation of this know-how, we complement our product portfolio and furthermore gain a valuable development resource,” says Frank Stührenberg, Chief Executive Officer of Phoenix Contact.
Phoenix Contact operates 59 international subsidiaries and companies, including Phoenix Contact Canada in Milton, Ontario. Phoenix Contact has supported the Canadian market since 1983 with technical and commercial service, sales, logistics and marketing and through their regional sales office and training centres in Montreal, Quebec, Calgary, Alberta and British Columbia.
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