SYNOT strengthens its position in Spain
Synot Group has decided to even more use its potential on Spanish market. Therefore Synot Group joined forces with respected Spanish company INNOMATIC, which is one of the most significant operators and distributors of gaming products in Spain. INNOMATIC has became exclusive distributor of Synot´s products for the whole Spain.
“We have decided to start cooperation with exclusive distributor who knows the Spanish market in details. Therefore we made a decision to sell the company SYNOT GAMING SPAIN including exclusive right to distribution of all Synot land based products. However, the aim of this step is not to suppress our activities. „We are expecting business potential to rise and further growth of our activities in this area“, said Miroslav Valenta jr., sales director of Synot Group and add: „The company INNOMATIC will continue to distribute products under the SYNOT GAMING SPAIN brand. The name of the company has not changed. We have worked out very good position in the Spain till this time, we have also gained a lot of experiences. Based on this experience we want to build up further expansion in Spain. In connection with our international experience and products and distribution know-how of INNOMATIC we will significantly accelerate expansion in one of the largest gaming markets in Europe.”
The company SYNOT GAMIN SPAIN has operated in Spain since 2014. Since this time, it has built a stable position for further business. It had been working without exclusive distributor directly in the country so far or in cooperation with regional distributors of Synot´s products.
We are pleased that management of Synot Group chose INNOMATIC for exclusive cooperation. We appreciate to join the team, which has had international experiences and positive references in number of countries for decades. We consider Synot to be a reputable company, which managed to build up a good position in Spain in quite a short time. Synot products meet requirements of individual markets and customers. We are convinced that our cooperation will be beneficial for both parties, said Antonio Gallardo, CEO of INNOMATIC.
Synot intends to focus primarily on the development of high-end products, based on its own international experience in the field of games and casino gaming equipment development.
"Synot Group is preparing the new product line exclusively for Spanish market. It will not be just video lottery terminals, as it has been so far. Newly will be added stand alone slot machines. This itself shows further expansion and above all it will allow Synot products to enter other Spanish regions where Synot has not been active yet," said Manuel Torres Alvarez, CEO of SYNOT GAMING SPAIN.
About SYNOT Group:
SYNOT Group employs approximately three thousand people. It operates on almost all continents and in more than twenty countries all over the world. Synot also operates online casino business in dozens of countries. It has business activities in Europe, Africa, America and Asia. In addition to the gaming industry and the supply of state-of-the-art IT technologies, software solutions and gaming equipment, it also invests in tourism and sports, supports start-up projects, media activities and other business sectors.
Contact:
Mgr. Magda Pekařová, Spokesperson
SYNOT Group
Mobile: +420 739 604 032
E-mail: magda.pekarova@synot.cz