SALTO Systems Invests in Danalock
Today, we are pleased to announce that Salto Systems has purchased a significant equity share in Danalock ApS. We will continue to operate independently and run our services as we do today, Salto says they look forward to combining competencies and leverage the technical knowledge.
“We believe that electronic locks over time will fully replace mechanical locks. We have seen this happening significantly in commercial markets in the last decade, but now it is time to extend our focus to Residential markets and integration with Cloud technology” says Marc Handels, Chief Marketing & Sales Officer of Salto Systems. “We are extremely happy to announce today the investments in this great team that lead their fields; and like Salto, are founded by teams of talented entrepreneurs”.
“This a natural next step on our journey” says CEO at Danalock, Henning Overgaard. “Salto is the world market leader, and we will gain access to more than 30 local sales teams world-wide. Salto is complementing what we have achieved so far, and together we will cover all segments within access control from Hospitality to the Residential market. The chemistry between us is very good, and we look forward to grow both companies together by sharing technology and know-how.”
SALTO Systems provides innovative access control solutions that give customers the reliability and security they need. Based in Oiartzun (SPAIN), SALTO’s customers include airports, hospitals, government buildings, military bases, colleges, hotels and more. SALTO is the selected access control option on over 3,000,000 doors worldwide.
For more information visit saltosystems.com.