ABAX signs new deal and moves its hardware production back to Norway

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The technology companies ABAX AS and Norautron AS have signed a 3 year deal worth 200 million NOK. With the help of new and advanced robot technology, ABAX moves its hardware production back to Norway.

"We have for some time wanted to consolidate and fully automate our hardware production line. The reasons for choosing Norautron was a combination of advanced robot technology, high competences within the product, prototyping segments and the close geographical location to our headquarters in Larvik", says Petter Quinsgaard, CEO at ABAX Group.

The contract between the two Norwegian companies means that Norautron will start productions in January 2017. Norautron will be delivering prototyping of new products in the market and production of existing products such as the electronic triplog and the GPS tracking devices.

"We are very pleased that we have won this considerable contract with ABAX. For the production of ABAX products we have chosen a production process, that for a large extent, is fully automatised . This requires close and productive cooperation’s with ABAX in the time to come. Fully aligned with our own strategies for automatised and roboticised profitable productions in Norway, says Øyvind Sedivy, CEO at Norautron.

The contract between the two companies helps consolidating existing workplaces for Norautron at the same time as they gain access to new markets.

Bengt Sundberg, Key Account Manager, Norautron added, "With this contract Norautron gains presence within new markets and brings many possibilities to our company."

For further information:

Chris Miller, CEO, ABAX UK,  +44 1733 698 888, cmi@abax.co.uk

Petter Quinsgaard, CEO ABAX as: +47 909 12 277, pq@abax.no

About ABAX• ABAX has a UK office at the ABAX Stadium, near Peterborough• ABAX hit the headlines in November 2014 when Peterborough United announced the company as its major new partner. This five-year deal includes the naming of the club’s ground to ABAX Stadium.• For more information on ABAX visit www.abax.co.uk• ABAX has 314 employees and offices in Norway, Sweden, Denmark, Finland, United Kingdom, and the Netherlands.• Follow ABAX UK on Twitter @ABAXUK and Facebook at www.facebook.com/ABAXUK