GLOBAL DIGITAL SOLTN (OTCMKTS:GDSI) a company that is trying to excel in field of comprehensive security and technology offerings reported that it bought the Rontan Group, headquartered in Sao Paulo. At a forthcoming special meeting, the company’s board of directors may elect Rontan’s CEO, Mr. Edigimar A. Maximiliano Jr., CEO of GLOBAL and Mr. Richard J. Sullivan as Non-Executive Chairman.
The entity
Established in 1970, privately held firm Rontan manufactures designs and supplies emergency warning equipment particularly for professionals and public safety organizations. The company exports goods to a number of world’s most competitive industries, including the United States, South and Central America, Europe, Canada, Asia, Middle East, Africa and Australia. GLOBAL DIGITAL said that the largest visual and acoustic signaling equipment and specialty vehicles firm in Latin America, Rontan has fetched TS and ISO certifications, confirming to the quality of management systems.
The performance
With FY2014 sales of nearly US$ 128 million, Rontan manufactures almost 5,000 vehicles per month and has nearly 1,200 indirect and direct employees. In 1999, through an association with the biggest global manufacturers of automobiles for fire fighters, the company became an official representative of the Oshkosh Pierce vehicles. Its telecom division is the largest distributor and manufacturer of Motorola communication and radios trunking systems for police department in Brazil, offering technical assistance on Motorola radios.
The deal
Richard J. Sullivan of GLOBAL DIGITAL SOLTN (OTCMKTS:GDSI) said that this exciting deal highlights a considerable leap forward for company. They have been delighted by Rontan’s exceptional record and extensive experience of serving customer requirements with top-quality services and products both in Brazil and globally. Rontan’s capabilities results in immense synergies with the specialty automobiles manufactured by NACSV, GLOBAL DIGITAL’s wholly owned subsidiary unit. Rontan’s CEO said that it is a remarkable achievement for company in its 45-year history.
