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BAS announces ITS to amalgamate with CCS
Hamilton, Bermuda – August 31, 2017- In a filing with the Bermuda Stock Exchange (“BSX”), Bermuda Aviation Services Limited (the “Group” or “BAS”; Ticker: BAS.BH) announced that it intends to amalgamate its subsidiary Integrated Technology Solutions Ltd. (ITS) into its fellow subsidiary the CCS Group Limited (CCS). The full filing stated:
The BAS Group (BAS) announces that it intends to amalgamate its subsidiary Integrated Technology Solutions Ltd. (ITS) into its fellow subsidiary the CCS Group Limited (CCS). Amalgamating the two companies will allow ITS customers to take advantage of CCS breadth and depth of expertise and will allow CCS to expand its offerings to include the audio visual solutions ITS provides.
For over fifteen years ITS has been delivering creative and comprehensive audio visual solutions and services to high end residential and enterprise customers. The ITS team offers a full range of services including consultation, design, installation and maintenance to a broad client base. Since its foundation ITS has expanded its offering to include room and lighting control systems, automated window treatments and solar shading solutions as well as digital signage and content management solutions.
CCS is one of Bermuda’s leading systems integrators with a complete portfolio of information and communications technology solutions. CCS provides planning, design, implementation and ongoing support services for leading edge technology solutions that range from the cloud to the keyboard.
Mr. Greg Woods, General Manager of ITS, states: “This is an exciting opportunity for both companies, not only for our customers but for our employees as well. This amalgamation will facilitate more complete solutions and better response times. It will also produce an expanded base of highly qualified technical staff”.
Mr. Peter Aldrich, General Manager of CCS, said: “ITS and CCS have worked together frequently in the years since ITS joined BAS. We now aim to operate as one under CCS. Customers can rely on the same professional audio visual and automated solutions with the same dedication to high quality installation and support services. While the two companies have had very different focuses there is a lot of overlap between the two on both product offerings and technical skill sets. By amalgamating the two companies, BAS intends to exploit various synergies across both organisations offering more robust solutions and improved support services to existing and future clients.”
Mr. David Pugh, Chairman of BAS, states: “As a result of the restructuring of the two companies, Mr. Woods and BAS have agreed upon a mutual separation. I am pleased to advise that Mr. Woods will be continuing his relationship with BAS as an independent electronic systems consultant and that there will be no redundancies as a result of this amalgamation.” Mr. Pugh continues to say: “Finally I take this opportunity to thank Mr Woods for his dedicated service to BAS over the years and we wish him well in his future endeavours.”
The amalgamation will be effective as of October 1, 2017. CCS and ITS teams are working to transition ITS customers now. For more information about CCS, visit www.ccs.bm.
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Notes to Editors
BAS Group of Companies
The BAS Group of Companies (BAS) has expanded from its origins in aviation and strategically grown and diversified into several of Bermuda’s key industries. Today’s BAS includes BAS Serco, BESCO, CCS, EFF-Tech, ITS, Otis Bermuda and Weir Enterprises. BAS invests in companies that complement the groups offerings so its subsidiaries can offer customers group solutions. This make it easy for customers to take advantage of the synergies between the companies within the group. BAS offers group solutions for businesses across all of Bermuda’s main sectors. The wide range of skills and depth of knowledge within the group of companies enables BAS to solve any challenge that a business might face.
For further information, visit: www.bas.bm.
Integrated Technology Solutions
Integrated Technology Solutions (ITS) offers both its residential and commercial clients outstanding customer service, dedication and the flexibility to tailor audio visual solutions to clients’ exact needs. The company has completed many sophisticated, high end residential projects and high-profile commercial installations in Bermuda. ITS has been in operation for ten years and over that period ITS has established itself as a leading force in Bermuda’s electronics systems integration industry.
CCS Group Limited
CCS Group Limited (CCS) is a Bermuda based full service information technology company that provides local and international customers with advanced communications solutions and consulting services. CCS has been providing services to Bermuda, the Caribbean, North America and Europe for over 30 years. Since its inception, CCS has focused on providing experienced consultants and quality, industry-leading solutions. Services include: Service Provide Infrastructure, Enterprise Networking, Collaboration, Application Development, Structured Cabling, Server, Storage and Virtualisation.
For further information, visit: www.ccs.bm.
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