Addnode Group acquires Intrinsys, a UK leading provider of PLM software and services
Stockholm, August 1, 2017 – Addnode Group today announced the acquisition of Intrinsys Limited (Intrinsys), a UK based provider of PLM software and services with operations in South Africa. Intrinsys had in 2016 annual net sales of SEK 164 million and an EBITDA of SEK 27 million.Intrinsys is a partner to Dassault Systèmes and UKs largest provider of PLM software and support services. The company delivers projects to companies in the Automotive, Aerospace, Formula 1, Marine, Oil/Gas and Industrial Equipment sectors. Intrinsys with 60 employees has its head office in Milton Keynes, England