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Riedel Acquired Shares of Guest-One

Riedel has acquired shares of Guest-One (Wuppertal, Germany). The aim of the investment, according to Riedel, is to set new standards for visitor and event security with customized solutions from a single source. Customers will benefit from a solution for guest and crew management, along with integration into a uniform event infrastructure, stated the company. Guest-One is also prepared for the European general data protection regulation (GDPR) that takes effect in May.

With this deal, Riedel expands its service portfolio into the rental sector by investing in Guest-One’s digital solutions for guest management, accreditation, access control and cashless payment.

Guest-One’s customers include well-known DAX companies (a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange), medium-sized companies and associations, as well as event and advertising agencies. As part of this partnership, Riedel will offer Guest-One solutions through its rental organization while maintaining autonomy for both companies.

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