"We have been working together for many years and have both come to realize that the benefits for our customers and synergies from merging our two companies are great"
July 02, 2015
Addnode Group AB today announced the acquisition of all shares of Transcat GmbH (“Transcat PLM”). Transcat PLM, with operations in Germany, Austria and Slovakia, will join forces with Technia as a subsidiary of Addnode Group. The combined TechniaTranscat will be a European leader in CAD and PLM under the leadership of Jonas Gejer, President of Addnode Group’s Business Area PLM.
Background and motive
“We have been working together for many years and have both come to realize that the benefits for our customers and synergies from merging our two companies are great. Both companies are leaders in their regions, industries and chosen technologies and now, when combined, we form a unique force in the European PLM market”, says Jonas Gejer, President of Addnode Group's business area PLM.
“I’m convinced that the combined knowledge of the two companies, our new geographical reach and the superior capabilities of Dassault Systèmes’ 3DEXPERIENCE Platform will empower growth and innovation and increase profitability for our customers”, says Etienne Droit, Managing Director of Transcat PLM.
“Transcat PLM’s leadership in digital product creation joined with Technia’s strong background in collaborative product development will enable our customers to rapidly get a competitive edge from adopting Dassault Systèmes’ 3DEXPERIENCE Platform. Our two corporate cultures, with very strong customer focus and respect for the individual, create a strong platform for the future for our customers, employees and partners”, says Gerhard Keller, Managing Director of Transcat PLM.
“This is a strategic move for Addnode Group. We take clear leadership in the PLM industry and are now, through TechniaTranscat, able to offer our European customers all the high quality software and services from both companies. From an Addnode Group perspective, this acquisition also establishes us in the German market, Europe’s largest economy”, says Staffan Hanstorp, CEO and President of Addnode Group.
About Transcat PLM
Transcat PLM improves the competitiveness of its customers through the application and utilization of innovative IT solutions for virtual product development. Founded in 1987, Transcat PLM is one of Europe’s leading providers of PLM solutions based on Dassault Systèmes CATIA, ENOVIA, DELMIA, SIMULIA, 3DVIA and EXALEAD brands. Additionally, Transcat PLM offers services ranging from consulting, project conception and training to on-site user support. Development of standard and customized add-on software for CATIA, ENOVIA and the JT format as well as the safeguarding and operation of the existing PLM applications and infrastructure supplement our portfolio. Net sales in 2014 amounted to SEK 450 M.
For more information about Transcat PLM please visit www.transcat-plm.com.
Technia, the #1 knowledge company in PLM. We facilitate the future in Innovation. We guide you to become the future winner by combining your own strengths with our expertise in Product Lifecycle Management (PLM). Our solutions are used worldwide in industries such as life sciences, automotive, travel, retail, Oil & Gas, telecom, fashion and food & beverage. We serve over 800 clients worldwide, including 20 that are listed on the Fortune 500. Technia is a part of Addnode Group, listed at the Nasdaq OMX Nordic List. For more information, please visit www.technia.com.