Vitec acquires Dutch software company ABS Laundry Business Solutions
Vitec Software Group AB (publ) is strengthening its position in Vertical Market Software on July 6, by acquiring all shares in ABS Laundry Business Solutions (ABS) with headquarters in Boxtel, the Netherlands. ABS reported sales of SEK 203 million, with an EBITA of SEK 82 million for the 2021 financial year.Founded in 1987 the software company ABS Laundry Business Solutions develops, delivers, and maintains an ERP application for the global laundry and textile rental industry. The laundry software ABSSolute enables order handling, stockroom management, production and delivery support,