The acquisition by HMS Networks of Red Lion Controls, which was first announced December 11, 2023, has now been approved, with the two companies now starting to work together on common go-to-market strategies and product offerings.
(See HMS Networks at FoodManufacturing.Live, 1 May 2024, on stand 16)
For HMS and Red Lion customers, there will be no initial changes. The HMS and Red Lion company names remain unchanged and product brands will be marketed and sold as before through the same channels. Production and shipping are handled from the HMS and Red Lion entities respectively.
We are thrilled to welcome all new employees and valued customers of Red Lion to the HMS Networks family, marking an exciting new chapter in our journey, says Staffan Dahlstrm (pictured), president and CEO of HMS. As we now jointly initiate the integration process, we look forward to leveraging our combined strengths, shared values, and commitment to delivering exceptional customer value.
Over the next few quarters, our focus will be on ensuring a seamless integration and actively pursuing synergies between our companies. Together, we look forward to accelerating our position in the North American market.
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