wash management and control system technologies, has acquired PSD Codax, the UK-based car wash code entry and access control systems provider.
"This new alignment makes great strategic sense for both companies," said Kevin Detrick, ICS president. The geographic coverage and product lines are complementary.
"We are confident that the synergies created will offer significant benefits for customers around the world."
"When the Global Financial Crisis in 2008 negatively impacted sales, ICS expanded beyond the conveyor car wash segment into the in-bay rollover and jet wash markets by developing new products and a multi-site management system called WashConnect," said Rob Deal, ICS vice president of international sales. ICS also initiated a territorial expansion outside of the US.
"We soon encountered PSD Codax and its forecourt code entry systems in virtually every market but North America. The geographic fit is excellent. Together we are creating a global car wash electronics company."
Graham Round, sales director for PSD Codax, agreed: "The opportunities for global synergy are immense. PSD Codax serves thousands of retail car wash and forecourt sites around the world. ICS products complement our own.
"Coming together with ICS will move Codax into a new phase of business development that offers more marketing functionality, operational control and connectivity for current and future customers."
ICS will continue to operate PSD Codax from its current office in Bristol giving the combined customer bases full technological support through a global network of call centres.
PSD Codax designs, manufactures, and supports a full range of products for the car wash and forecourt car care equipment industry.
Innovative Control Systems, headquartered in Wind Gap, Pennsylvania, US, is a provider of car wash management and control systems including the Auto Sentry line of payment kiosks, Tunnel Master controllers and WashConnect multi-site management system.
01275 866910
www.psdcodax.com
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