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Addnode Group Acquires Operations in USA
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Tjänster |
| Industri | IT-konsult & onlinetjänster |
Symetri, part of the Design Management division, announces today that it has acquired the part of Repro Products, Inc, in USA, whose offering is based on software from Autodesk. The acquired business has eight employees and is expected to generate approximately SEK 24 m in net sales in 2025.
The part of Repro Products that Symetri now acquires is based in Smyrna, Georgia, USA, and has for thirty years developed and offered services and solutions based on Autodesk software. Approximately 80 per cent of their customers operate in the AEC sector and the other 20 per cent operate in the manufacturing industry. Around half of the customer base consists of public sector organizations.
"This is yet another acquisition that strengthens our market position in the U.S. We continue to broaden our customer base, expand our expertise, strengthen our local presence, and all along with a team that shares our values and dedication to innovation and customer success. Together with the talented people from Repro Products we look forward nurture and build on their strong customer relationships," says Jens Kollserud, CEO of Symetri, a company in Addnode Group's Design Management division.
The acquired operations add approximately 900 customers to Symetri’s global customer base, which after the acquisition now totals approximately 22,000 customers.
The acquired operations will be consolidated from July 2025, as part of Addnode Group’s Design Management Division and its subsidiary Symetri.
For more information, please contact:
Johan Andersson, CEO and President, Addnode Group
Phone: +46 (0) 704 20 58 31
E-mail: johan.andersson@addnodegroup.com
Christina Rinman, Head of Corporate Communication and Sustainability, Addnode Group
Phone: +46 (0) 709 711 213
E-mail: christina.rinman@addnodegroup.com
About Addnode Group
Addnode Group acquires, operates and develops cutting edge enterprises that digitalise society. We are a leading global provider of software and services for design, construction, product data, and facility management. We also support the public sector with document and case management solutions. By acquiring new businesses and providing a growth platform for our subsidiaries, we create sustainable value growth.
Addnode Group has 2,700 employees and consists of around 20 companies with geographical presence in 19 countries across four continents. Net sales in 2024 amounted to SEK 7.8 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm, in the Large Cap segment. For more information, please visit: www.addnodegroup.com.
Attachments
Addnode Group Acquires Operations in USA