HISTORY AND COMPANY DESCRIPTION
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Over 25 years of experience
SOUTH Automation Int. GmbH is a member of the international SOUTH Group of companies with various activities in the field of automation and security.
In the field of cash automation, we serve for 25 years the global market with professional cash handling equipment, previously under different brand names, now mainly branded SOUTH.
SOUTH products are known to be reliable and robust.
Our in-house development and production make us as independent as possible from suppliers and assures high quality support over the lifetime of the products and beyond.
Procoin International GmbH and Procoin USA Inc. are renamed to SOUTH Automation Int. GmbH and SOUTH Automation, Inc., reflecting better the present and future activities of a wider range of cash handling products and also beyond that. SOUTH withdraws from the joint venture company Procoin GmbH and supplies the market exclusively through its own distribution centers under the brand names cashDNA® and cashMAX®. Despite of brand rights in certain markets and regions, SOUTH products will not be sold anymore with the Procoin brand label.
Procoin USA Inc. is founded by SOUTH Group in Los Angeles, to be closer to its customers overseas.
Procoin International GmbH is established in Mörfelden-Walldorf (Germany) in order to be closer to international customers in its role as a manufacturer. SOUTH Group holds 80 % of the shares, while Procoin GmbH holds 20 %.
To the occasion of the 20th anniversary of SOUTH Group and successful years in the domestic market, the decision for a stronger global presence is made which should be realized one year later.
SOUTH moves into new facilities with 37,000 m² building for development and manufacturing. Its joint venture brand Procoin for the world market is also graved at the entrance door, along with the brand SOUTH.
With the company name change from Reis Banktechnik- und Einrichtungen GmbH to Procoin GmbH, SOUTH products are distributed in the world market exclusively under the brand Procoin.
SOUTH production facilities are being certified ISO 9001.
Extension of the product portfolio by coin wrapping and coin deposit machines.
SOUTH's long-term partner REIS is sold to Glory, Japan. SOUTH remains its 50% share of Reis Banktechnik- und Einrichtungen GmbH, while Dr. Karl Rumbach and Hans Wrieden hold respectively 25%.
Development of the first own series of banknote counters and coinprocessing equipment.
Strengthened cooperation with REIS and its newly founded Reis Banktechnik- und Einrichtungen GmbH as a 50/50 joint venture of REIS and SOUTH with focus on OEM production for known brands across the world.
Cooperation between SOUTH and Standardwerk Eugen Reis GmbH (REIS), Germany as well as Tellac / Musashi, Japan for the development and manufacturing of more than 20 coin and banknote products.
Establishment of SOUTH Science Technology Electronics Co., Ltd. (SOUTH).