WUPPERTAL, GERMANY — With an acquisition of shares of Wuppertal-based Guest-One, Riedel has gained first-class expertise and deep understanding of software-based participant management. The aim of this investment is to set new standards for visitor and event security with customized solutions, all from a single source. Customers will benefit from a comprehensive solution for guest and crew management along with cost-effective and seamless integration into a uniform event infrastructure.
Guest-One is also optimally prepared for the important European general data protection regulation (GDPR) that takes effect in May — a benefit that will help ensure its customers are compliant with the new rule.
With this deal, Riedel expands its service portfolio into the rental sector and, by investing in Guest-One’s digital solutions for guest management, accreditation, access control, and cashless payment, Riedel is quickly developing into a full-service provider for the event market.
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.