exceet Card Group, one of Europe’s leading manufacturers of chip and plastic cards, has announced its acquisition of idpeople, a Danish Government ID specialist. The move strengthens exceet Card Group’s position in the government sector and expands its presence into Scandinavia.
Headquartered in Kematen in Tyrol, Austria, exceet Card Group specializes in producing chip and plastic cards for the government, banking, transport & access, and retail sectors. The company is highly trusted internationally and is responsible for producing driver’s licenses for countries such as Switzerland and the United Arab Emirates (UAE).
Ulrich Reutner, CEO of exceet Card Group, sees this acquisition as a significant milestone for the company: “This step aligns perfectly with our buy-and-build strategy. We will continue to invest in promising companies to offer tailor-made card solutions to our customers around the globe.”
The COO of exceet Card Group, Robert Wolny, is also pleased with the company’s growth: “The acquisition of idpeople further cements our position as a leading card manufacturer in the government ID sector. Our new location in Scandinavia will open up new markets and allow us to win even more international projects.”
Jesper Mikkelsen, CEO of idpeople, is excited about this partnership with exceet Card Group: “We were looking for a strong partner to tackle larger projects. exceet Card Group is an established player in the high-security area, especially in the government sector. This makes the group the perfect partner for us. We are looking forward to realizing projects together and benefiting from the additional know-how.”
With the addition of idpeople, exceet Card Group’s revenue has increased to 80 million euros. The group now employs close to 400 highly qualified employees.
About exceet Card Group:
exceet Card Group is a leading European manufacturer of chip and plastic cards, specializing in the government, banking, transport & access, and retail sectors. The company produces approximately 400 million cards and antennas annually at its various locations, including Austria, Germany, Switzerland, Belgium, the Netherlands, Czech Republic, and now Denmark. Their headquarters is located in Kematen in Tyrol, Austria. For more information, visit www.exceet-card-group.com.
Press inquiries can be directed to Pamela Graf at pamela.graf@kraftkinz.com or +43 660 15 17 597.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.