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GCS Acquires Majority Stake in Symlab

Things That (Don’t) Go Bang in the Alps

Freienbach (Switzerland)-based Global Clearance Solutions (GCS) announced on 2 June it has acquired a 75% stake in fellow Swiss firm Symlab GmbH, a specialist in electronic jamming and direction-finding equipment. The transaction is not expected to be subject to regulatory control.

The acquisition marks GCS’ strategic commitment to augment its comprehensive product portfolio
in explosive threat mitigation with the addition of another technological capability. Symlab’s cutting-edge jamming technology helps safeguard civilians, peacekeepers, politicians and VIPs. Having cooperated in several markets over the last few years, the two companies are aligned in their mission to save lives.

GCS CEO, Philipp von Michaelis, underlines the benefits for customers as well as the increased
Swiss market footprint this investment brings: “Jamming is an important element of explosive threat mitigation, so deepening our long-term relationship with Symlab will enable clients to benefit from solutions which integrate jamming into the GCS product portfolio”.

Georg Stirnimann, Symlab’s CEO, agrees. “We are excited to be joining the GCS family. It is a win-win
situation for all of us, especially our clients. We offer complementary competencies and a customer-driven approach which will facilitate working together in the future
”.

Working more closely with GCS enables Symlab to tap into new markets and clients while simultaneously jointly developing market-leading solutions to fulfil future client needs.

 

The GCS product range already includes a number of man-portable and mobile jamming solutions for protecting EOD teams, among others. (GCS)

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Publish date

06/05/2023

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