Security systems manufacturer Magal Security Systems reports a new strategic partnership in Brazil.
The new strategic partnership, Senstar-Stellar Sistemas de Segurança Ltda, will provide local consultants and integrators with complete perimeter solutions, technical support and a local service center, the firm adds. The new Brazil based operations, in São Paulo, will be headed by Eduardo Fazzio, formerly the Magal Group’s Brazilian master dealer.
"We are very pleased to announce the formation of this new strategic partnership in Brazil," said Izhar Dekel, CEO of Magal. "This partnership will enable us to further expand our operations to one of our key strategic markets, South America, and, we believe, will serve as a major growth driver in years to come. This partnership will provide us with a local base within the South American free trade region, potentially enabling us to manufacture certain of our products there in the future."