The Riedel Group has announced an investment in APEX Stabilizations, an Austrian company known for producing high-quality camera stabilization systems, commonly used in helicopters, cars, boats, and cranes for live TV, commercials, and film production.
This investment expands Riedel’s service offerings and enhances its access to specialized camera stabilization expertise. Despite becoming part of the Riedel Group, APEX Stabilizations will continue to operate as an independent entity.
Partnership to Leverage Global Sales and Development Networks
Riedel, a global player in the media and entertainment industry, provides APEX Stabilizations with access to its extensive global sales and service network. In return, Riedel gains a team with considerable experience and technical knowledge, as well as entry into new markets. The collaboration is expected to create synergies at the development hubs in Vienna, benefiting both companies’ partners and customers.
Focus on Innovation and Industry-Specific Solutions
With years of experience in the media industry, both Riedel and APEX Stabilizations aim to combine their expertise to enhance existing products and develop new solutions tailored to the needs of the industry. By sharing ideas and technologies, the two companies plan to stay ahead in technological advancements.
Statements from Leadership
Thomas Riedel, Founder and CEO of the Riedel Group, expressed confidence in APEX’s technology, emphasizing that the investment will open up new opportunities in Riedel’s core markets. Thomas Schindler, Managing Director of APEX Stabilizations, highlighted the complementary nature of the two companies’ products, noting their recent success at major events such as the games in Paris. Both leaders look forward to developing innovative products that will meet the industry’s evolving demands.
About Riedel
Riedel Group, founded in 1987 and headquartered in Wuppertal, Germany, is a global leader in providing real-time networks for video, audio, data, and communications. The company operates in three main areas: manufacturing, rental services, and radio distribution.
News source: Riedel
