Tele Radio launches subsidiary in Brazil

Publish Date: 3 September, 2019 08:30

Allgon owned Tele Radio boosts its presence in Brazil through the opening of subsidiary Tele Radio Brazil. With the addition, Tele Radio will get closer to the growing remote control market in Brazil. Tele Radio Brazil will be based in Itupeva in the state of São Paulo, and is led by newly appointed CEO Laercio Neves.

Tele Radio is a global company that supplies industrial remote controls for various applications, including the mobile- and mining sectors, all with high demands on functionality and safety. Tele Radio is a global operation with a wide distribution network of subsidiaries and partners; with the new Brazilian company, Tele Radio will have subsidiaries in 16 countries.

– Brazil is an important market with a developed industrial sector in the largest economy in Latin America. This is a continuation of our successful growth model where we establish subsidiaries in markets with good growth potential. Guided by the experienced Laercio Neves and our strong product portfolio, we will now take a clear position on the large Brazilian market for remote controls, says group CEO Ola Samelius.

Tele Radio Brazil CEO, Laercio Neves, is a trained electronic engineer with 18 years of experience from multinational companies in Brazil and brings extensive experience of industrial automation and remote controls.

 I am very pleased to become part of Tele Radio and the Allgon-group. I have a strong conviction that we will make a mark within industrial remote controls in Brazil thanks to the extremely robust and safe products in combination with ambitious local support, says Laercio Neves, CEO Tele Radio Brazil.

Tele Radio Brazil is expected to be fully operational during the third quarter of 2019.

For more information, contact: 
Johan Hårdén, CEO Allgon                                           
+46 73-385 92 19            

Ola Samelius, CEO Tele Radio, vice CEO Allgon
+46 70-884 69 01

Press release in PDF