2014

RGIS Gains Additional Strength in Middle East With ISICS Acquisition

    AUBURN HILLS, Mich., June 18 /PRNewswire/ -- 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.
 
 

SOURCE RGIS, LLC

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