ISIC
An important prerequisite for continued growth of the global “blue economy” is safety at sea. To ensure this, the reliability of systems on board ships is critical. Denmark-based ISIC has a leading position as a supplier of approved hardware such as display screens, panel PCs and computer systems for challenging environments. ISIC has customers all over the world and is a long-term and reliable partner of several major OEMs.
ISIC in Lagercrantz Group
When ISIC was acquired by Lagercrantz in 2005 they were the first company with proprietary products in the Group. ISIC was then a relatively small niche company that supplied robust hardware for different industries. It was an engineer-led company with some profitability where Lagercrantz saw the potential for long-term growth. A new strategy was introduced, where ISIC went towards being a market-driven company, with the marine market as its core business. This shift required not only a change in thinking, but also commitment and focus from everyone in the organisation. Design for manufacturing, introduction of more automation in the production process, increased sales and close cooperation with customers abroad were some of the ingredients in internationalising the company. ISIC has grown organically together with close partners and distributors around the world including companies in the Lagercrantz Group. In 2021, Lagercrantz enabled ISIC to acquire AC Antennas, which is a leader in the design and manufacture of antennas for the professional marine market. The companies are represented in the marine world where they are recognised for their professionalism, high quality and reliable products, which are used to ensure safety at sea.
“The shift, from being an engineer-led business into a market-driven company, has only been possible with the support of an owner with a good understanding of our business and that shares the long-term vision for our company. Today ISIC Group is very well recognised in our markets and Lagercrantz strongly supports our continued growth.” Bo Lander Rasmussen, MD.
Published: November 2022