The INOVELEC group announces the takeover of INNES
Franck 05.05.2023 Press Release INNES, INOVELEC EN
INOVELEC, French EMS created 23 years ago, takes over the activity of the company INNES, recognized for its electronic equipment dedicated to professional audiovisual.
As part of the pursuit of its geographical and technical development, the INOVELEC group has taken over the company INNES, which specializes in the development of electronic products, particularly in the professional audiovisual sector.
This external growth operation will allow the INOVELEC group to have an expert R&D team in audiovisual and connectivity, but also to benefit from the historical positioning of INNES with a large network of AV/IT integrator and reseller partners.
The marketing of INNES products will continue under the same conditions as before, using an indirect distribution method.
The INNES technical support team will remain fully available to assist customers in the implementation of its products.
The INNES product range will continue to evolve according to market trends.
Jean-Philippe Guglielmi, CEO and founder of the INOVELEC group:
“We have just taken a new step in our geographical coverage with the acquisition of INNES. This acquisition will strengthen our electronic embedded systems design office with its roots in Brittany, a territory recognized for its ecosystem around secure digital technology. In addition, the positioning of INNES with its portfolio of off-the-shelf products and reference designs already marketed in France and abroad will allow the group to considerably expand its offer. This acquisition contributes, in the short term, to pursuing our 3-point strategy: finalizing the control of the value chain of our business, linking the French territory and developing across the Atlantic”
Franck Dupin, CEO of INNES:
“Integration into a group that can produce our electronic equipment in France will be a real advantage for our customers with better availability of products and responsible environmental practices. Furthermore, the complementarity with the engineering division of INOVELEC will open up new perspectives in the design of new electronic products.”
About the INOVELEC group
The INOVELEC Group, located near Périgueux, is a French player specializing in the design and manufacture of electronic cards, cables and harnesses and integrated systems. Since its creation in 2000 by its current manager, Jean-Philippe Guglielmi, the Group has experienced continuous growth to reach a turnover of almost €40 million in 2022.
Founded more than 17 years ago, INNES designs and markets professional IoT electronic and audiovisual devices.
INNES products mainly address digital signage, dynamic display and the digitization of workspaces. They are marketed via a network of resellers and integrators in France and abroad.
Over the past few years, INNES has equipped approximately 30,000 devices for more than 1,500 companies.
About 30% of INNES' activity is devoted to R&D, which makes it possible to offer ever more innovative, robust, secure and functional products. The design and production of INNES equipment are made in France.
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