DESIGNA USA Acquires Ownership Interest in Southern Time Equipment Company
Chicago, 4-5-2018: DESIGNA USA is proud to announce its acquisition of a substantial interest in Southern Time Equipment Company of North Carolina. Southern Time joined DESIGNA as a US Business Partner in 2017 to bring leading-technology parking systems to its customers.
“Southern Time has an impressive history and outstanding reputation in our industry, and continues to be a leader among system integrators,” said Tom Sivak, CEO of DESIGNA USA. “Like DESIGNA, Southern Time understands the importance of providing clients with solutions that can easily adapt to future technologies and trends.”
Over the past 40 years Southern Time has found success in meeting the comprehensive requirements of its diverse client base which includes many of the largest parking facilities in North and South Carolina. “Together we’ll deliver solutions that are customized to meet the specialized needs of varied industries and specific client requirements,” said Sivak.
“DESIGNA is a world-class company, with the industry’s best technology and a commitment to continued innovation,” said Norm Hogg, Southern Time vice president and general manager. “DESIGNA’s integrated intelligence is continually adapting to future technologies and trends. And that’s what we want to provide for our clients.”
Founded in 1951 in Kiel, Northern Germany, DESIGNA’s clear and visionary standards have led to the development of innovative products and solutions for the parking management sector for more than 65 years.
For more information:
DESIGNA USA, Inc.
777 Oakmont Lane, Suite 2000
Westmont, Illinois 60559