Kronos Bolsters EMEA Presence with Acquisition of SMART
CHELMSFORD, Massachusetts and WOKINGHAM, England, April 17, 2012/PRNewswire/ --
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Supporting its aggressive international growth strategy and strengthening its presence
in the Europe, Middle East, and Africa (EMEA) region, Kronos Incorporated
[http://www.kronos.com ] today announced that it has acquired UK-based SMART Computer
Holdings and its Spanish affiliate SMART Human Logistics in cash transactions.
News Facts
- SMART is a leading provider of workforce management solutions - including
time and attendance, staff scheduling, and absence management.
- Hundreds of organisations in the manufacturing, services and distribution,
retail and hospitality, and public sector markets use SMART solutions, including
Allianz, Gist, Greater Manchester Fire and Rescue Service, Jaguar, JC Bamford
Excavators (JCB), Kuehne and Nagel (K&N), Leroy Merlin, Mandarin Oriental, Merlin
Entertainments Group, Swissport, Trailfinders, and Wiseman Dairies.
- A recognised leader in the healthcare workforce management market, SMART also
provides solutions to a large population of National Health Service (NHS) customers
throughout the UK such as Gateshead Health NHS Foundation Trust, Maidstone & Tunbridge
Wells NHS Trust, and Royal Free Hampstead NHS Trust.
- Whether installed onsite or delivered as a cloud services offering, the SMART
product architecture enables organisations to focus on specific areas of priority and
overcome workforce management challenges such as Working Time Regulations and specific
scheduling requirements of NHS Trusts.
- Founded in 1986, SMART is privately held. SMART employees will continue to
support SMART customers from their current locations in Codicote, UK, Oldbury, UK and
Madrid, Spain.
Supporting Quotes
- Dick Cahill, vice president and general manager, international, Kronos
"Acquiring SMART is yet another manifestation of our aggressive global expansion
efforts, further strengthening our presence in the EMEA region."
- Tim Bisley, general manager, Kronos EMEA
"We are particularly excited to become a leader in the UK healthcare market through
SMART's domain expertise and well-established base of NHS Trust customers. Bringing SMART
into the Kronos family also establishes a physical presence for our company in Spain, a
country with tremendous potential for growth for our workforce management solutions."
- Eric Smart, founder and chief executive officer, SMART
"Combining SMART's workforce management expertise in Europe with Kronos' global
presence, financial stability, and innovative resources will bring great value to SMART
customers and employees. No company is better equipped to take SMART to the next level.
SMART is poised for a remarkable future and great success with Kronos."
Kronos is the global leader in workforce management solutions that enable
organisations to control labour costs, minimise compliance risk, and improve workforce
productivity. Tens of thousands of organisations in 100 countries - including more than
half of the Fortune 1000(R) - use Kronos time and attendance, scheduling, absence
management, HR and payroll, hiring, and labour analytics applications. To learn how Kronos
uniquely delivers complete automation and high-quality information in an easy-to-use
solution, visit http://www.kronos.co.uk
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(c) 2012 Kronos Incorporated. All rights reserved. Kronos and the Kronos logo are
registered trademarks of Kronos Incorporated or a related company. All other trademarks
are property of their respective owners.
Source: Kronos
U.S. Contact, Michele Glorie, Kronos Incorporated,
+1-978-947-2855, michele.glorie@kronos.com; UK Contact: Caroline Powell, JD Marketing, +44-208-297-5388,
carolinep@jdmarketing.co.uk