Etteplan enters Denmark and acquires software company TekPartner
Etteplan Press release January 7, 2021 at 2.00 p.m. EET
Etteplan is expanding the business in Nordics and opens up a new country, Denmark, by acquiring TekPartner, an engineering and IT company specialized in electronics and software. TekPartner, founded 2009, covers development of all core disciplines within embedded software, intelligent electronics, FPGA (field-programmable gate array) and IoT (Internet of things). In 2019 TekPartner´s revenue was approximately 8 million euros.
TekPartner delivers its services through a combination of its own team of 19 highly qualified engineering professionals and a vast network of international project partners and over 30 freelancers working in Denmark. Based on the wide range of competencies achieved by this setup, TekPartner is considered the preferred one stop product development partner for its customers and it has experience of several hundred projects for over 200 customers. TekPartner is located in Herlev and Odense in Denmark.
“TekPartner is a great addition to Etteplan and I warmly welcome TekPartner´s employees and partners as a part of Etteplan group. Expansion to Denmark with TekPartner´s partner driven operating model is opening up new growth opportunities to Etteplan. As a part of bigger international company, TekPartner will have better possibilities to serve their customers with a wider service portfolio. We will start our co-operation from software and embedded services and later on we will expand also to engineering and technical documentation”, says Juha Näkki, President and CEO of Etteplan.
“Etteplan’s software capabilities and wide service offering combined with our experience of global delivery solutions form an unique combination. The acquisition will open up new opportunities to grow and expand our operations further as a part of bigger international company. We will have a great future together”, says Kurt Godsk, Managing Director of TekPartner.
Juha Näkki, President and CEO, Etteplan, tel.+358 10 307 2077
Outi Torniainen, SVP, Marketing and Communications, Etteplan, tel. +358 10 307 3302
Kurt Godsk, Managing Director, TekPartner tel. +45 2168 5890
Etteplan in brief
Etteplan provides solutions for industrial equipment and plant engineering, software and embedded solutions, and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.
In 2019, Etteplan had a turnover of approximately EUR 263 million. The company currently has over 3,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com