Addnode Group Annual Report 2015 | Page 13

ADDNODE GROUP Acquisitions “We are a unique force in the European PLM market” Gerhard Keller, Managing Director and co-founder of Transcat  PLM In 2015 Addnode Group carried out its largest acquisition ever with the acquisition of the German company Transcat PLM. After consolidation with its Swedish sister company Technia on 1 January 2016, the combined company TechniaTranscat was born – a leading European supplier of software and services for product data information (PLM systems). Günther Öhlschläger, Managing Director and co-founder of Transcat PLM Transcat PLM was established in 1987 and has since grown to become one of Europe’s leading suppliers of PLM solutions based on Dassault Systèmes’ products. Transcat PLM also offers a portfolio of proprietary products and services ranging from consulting, project conception and training to on-site user ­support. The company had sales of SEK 450 m in 2014. In addition to Germany, the company has operations in Austria and Slovakia. “We have a strong position in the German-speaking markets, especially among industrial customers in areas like the automotive and aerospace industries,” comments Gerhard Keller, Managing Director and co-founder of Transcat PLM. The combination of Technia and Transcat PLM is a natural progression of many years of cooperation between the two companies. “We have had a business relationship for five to six years and have been a Technia reseller in the German market,” says Günther Öhlschläger, Managing Director and a Transcat PLM co-founder. “Both companies are leaders in their respective areas, and together we form a unique force in the European PLM market.” 500 to 1,000 employees that are experiencing profitable growth and performing considerably better than most other companies around the world. They represent a prime market for our offering. Transcat PLM is skilled in areas in which we need to be even stronger, such as digital product models and 3D simulations. In the Nordic market we have worked extensively in the retail and med-tech sectors, and in these areas we are now capturing new opportunities in Germany.” GOOD CLIMATE FOR COOPERATION THROUGH CONCERTED, MAJOR CUSTOMER FOCUS Following the acquisition, a 150-day programme was launched to address the changes needed to integrate the companies, and some 20 customers have been identified as being suitable for the new joint offering. “We have 11 integration projects that we are currently conducting together,” Gejer notes. “What feels good is that we share many of the same core values and have a strong customer focus. We are also receiving strong support from Addnode Group’s corporate offices, which have a wealth of helpful experience surrounding how to best integrate acquired companies.” STRONGER IN BOTH THE GERMAN AND NORDIC MARKETS Jonas Gejer, President of Addnode Group’s business area PLM, is CEO of TechniaTranscat and sees good potential for growth. “The entire German market has performed very well for quite some time,” he says. “In Germany we have what is referred to as Mittelstand – that is, midsized German companies that are world leaders in their respective niches. These are companies with 2010 2012 2014 Arkiva Athena BSD Cadi Decerno Faester SCi MapFactory Mittbygge Tekis Cad Teknikk Spatial Technology Voice Provider Alarmos EG Engineering Kompanion Symetri 2011 2013 CDLight Geosol Kartena Abou Basepoint CAD-Expert Oy Joint Collaboration 2015 Transcat PLM 13 01-32+88_Addnode_2015_EN.indd 13 2016-05-12 08:52:15