Addnode Group acquires Transcat PLM, a German software provider with an annual turnover of SEK 450 M
STOCKHOLM, 2 July 2015 – Addnode Group AB (publ) 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 Groups Business area PLM.Summary of the Transaction · On July 1, 2015, Addnode Group acquired all outstanding shares in Transcat PLM from Transcat PLM’s existing shareholders (the “Transaction”). ·