AUBURN HILLS, Mich., June 18 /CNW/ -- RGIS, LLC announced today that they
have acquired ISICS Software Systems, LTD., the largest inventory company in
Israel. This acquisition is part of the RGIS global growth strategy.
An RGIS spokesman explained that RGIS established a presence in Israel in
2001 and that this acquisition will accelerate the development in Middle
Eastern markets. The goal is to expand RGIS' ability to serve existing
customers as well as new customers. ISICS was founded in 1999 and is based in
Tel Aviv. They perform inventory services to Israel's leading retail and
pharmacy chains. The merged company will be managed by a local team lead by
David Kagan and Asaf Cohen.
RGIS is the world leader in inventory and retail services with annual
revenue of more than $600 million. Operating in more than 15 countries in the
field of mass distribution, industry, retail trade and the public sector, RGIS
benefits from almost 50 years of experience. All 40,000 employees are trained
to use state of the art proprietary technology which has distinguished the
company in its services around the world.
For further information:
For further information: Jean Daniel Bouchard, Vice President RGIS
Southern Europe, +44(0) 1926 888882, firstname.lastname@example.org