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MOTORINDIA
l
September 2012
Luminator Technology Group
takes over
Mobitec
The Mobitec Group, which is
based in Herrljunga, Sweden, and
maintains four additional locations
around the world, was taken over
by the US-based Luminator Tech-
nology Group on July 10. Mobitec,
which manufactures electronic pas-
senger information systems, be-
longed to the DRI Corporation. It
was acquired in full by the Lumi-
nator Technology Group.
Mobitec has thus joined a
leading group of companies
specializing in electronic in-
formation systems.
Mobitec and its sister com-
pany Twin Vision, which is
based in the US, now belong
to a group of companies that
operate on a global scale.
The Luminator Technology
Group includes Luminator,
Lawo and Focon, three com-
panies that are
known for their
passenger in-
formation and
lighting
sys-
tems. The tech-
nologies devel-
oped by these
companies are used in buses, trains
and airplanes around the world.
“We’re delighted that Mobitec has
become part of the Luminator Tech-
nology Group,” says Oliver Wels,
Vice President of Global Sales &
Marketing at the Luminator Tech-
nology Group.
At the same time, the group plans
to develop new technologies and a
new global service network. “The
merger will help make the Lumina-
tor Technology Group even more
capable and customer-oriented in
the future and will give our custom-
ers access to the full range of exper-
tise available in the group”, adds
Wels.
In the 2011 calendar year, the Lu-
minator Technology Group generat-
ed $186 million in turnover and em-
ployed 600 workers. Turnover at the
acquired company DRI totalled $82
million with over 260 employees in
2011. Its customers include numer-
ous well-known bus manufactur-
ers and transit operators around the
world.
w
component zone
“Mobitec and all the other brands will continue to exist
at their new parent company. For our customers, this
means that we can continue to offer the products from
the expanded group of companies and maintain the
same high level of service quality.”
– Mr. Oliver Wels