MAGGIOLI GROUP ACQUIRES A.P. SYSTEMS
Maggioli Group, the leading Italian company with the widest and most qualified range of products and services for the Local Public Administrations, has acquired the majority shares of A.P. Systems, based in Magenta (Milan), an Italian software house specialized in the development of IT solutions and advanced telemanagement systems that can efficiently improve the quality of services of the Local Authorities.
A.P. Systems, with € 10 million revenues in 2016 and 90 employees, has been designing ICT systems for Local Public Administrations and Public Utilities (both national and International) for more than 30 years, aiming at the energy efficiency and management of public lighting systems, the application of smart technologies to public services and the optimization of machine-to-machine (M2M) data communication in electricity, water and gas distribution networks.
With this acquisition, Maggioli Group consolidates its role of Reference Partner for Local Public Authorities in providing software development, maintenance, consulting, and outsourcing services to bring the Public Administrations towards full digitation.
“It is beginning to shape our internalization strategy. A.P. Systems is particularly present in Spain and South America, the countries we are focusing most; we have a subsidiary in the Canaries (Galileo SA) that is operating in these areas. A.P. Systems is a supplier to the local power supplier in Colombia and works in Spain with Endesa in the telegestory and smart city subfunds“, said Paolo Maggioli, CEO of Maggioli Group. “With this further acquisition, the strategy that has led us over the last few years to invest in dynamic and profitable business ventures, specializing in business lines that complement our product and service offering; We want to continue to grow, we have the resources to do so, to maintain our leadership in Italy and to dedicate ourselves to the development of the foreign markets.”
“I am delighted that we have concluded the deal with an Italian group and not with other international groups that were proposed. Along with Maggioli, we are confident that our smart technologies can accelerate the metamorphosis of cities into real smart cities both in Italy and abroad“- Renzo Bassetto, CEO of A.P. Systems .“In fact, we are an excellence in IT management for the Public Administrations, in the extensive use of the Internet of Things to enrich value-added services to the territory, citizens and businesses, and telegraphic technologies Punctuality of power, water and gas distribution systems and public lighting systems: a rich offer of smart technologies, all knowingly dominated by our experts, of which indirectly over 50% of the Italian population benefits. It is worth mentioning, for example, that our smart technologies and devices are widely used by more than 90% of Italian multi-utilities with which they daily receive and transmit billions of data and save considerable energy, environment and money. With these same smart technologies we are already present overseas where we are involved in similar projects in Spain, Romania and South America, and we are launching interesting opportunities in Australia, Asia and Africa. “