TechniaTranscat continues European expansion, acquires Dutch infostrait

Stockholm and Loenen, March 24, 2017

TechniaTranscat, the #1 knowledge company in PLM, today announced that they will acquire infostrait, a Dutch PLM and BIM specialist based in Loenen with 18 employees. infostrait will form the new Business Area Benelux within TechniaTranscat, an Addnode Group subsidiary.

Background and motive

• infostrait matches very well the TechniaTranscat strategy to grow by acquiring highly skilled Value-Added Resellers of Dassault Systèmes software in selected geographies, where the Benelux region (Belgium, The Netherlands and Luxemburg) with a population similar to the Nordics represents a growth opportunity for TechniaTranscat.
• As part of TechniaTranscat, infostrait will have access to even broader competence and larger number of consultants, making it possible for their customers to realize their PLM vision.
• TechniaTranscat will after the transaction have more than 540 employees in Austria, Finland, Germany, India, Netherlands, Norway, Slovakia, Sweden and USA and combined revenues of over 82.5 million Euro (2016).

infostrait with 18 employees had 2016 a revenue of 2.7 million Euro. infostrait will be rebranded to TechniaTranscat and form the new business area Benelux.

“infostrait, a partner of us for many years is very customer focused, quality aware and agile in their business approach. It is with great pleasure that I welcome them to TechniaTranscat and I’m really looking forward to grow together in the Benelux area, expanding the 3DEXPERIENCE platform and TechniaTranscat footprint by providing measurable business improvements to our customers”, says Jonas Gejer, CEO of TechniaTranscat.

“We are very excited to become part of the European leader in PLM. This gives us the possibility to bring the full capabilities of TechniaTranscat to our customers and to continue our growth journey in the Benelux region”, says Jaap Holweg, founder of infostrait and new Director for the Business Area Benelux within TechniaTranscat.

Completion of the acquisition takes place on April 3, 2017.

For more information:

Jonas Gejer, President, CEO of TechniaTranscat
Phone: +46 (0)733 77 24 14, e-mail: jonas.gejer@techniatranscat.com

Jaap Holweg, Director, Business Area Benelux, TechniaTranscat.
Phone: +49 (0) 721 97 04 30, e-mail: jaap.holweg@techniatranscat.com

About infostrait

We want to be seen – in the globalizing environment – as the PLM and BIM specialist that offers complete solutions for all relevant markets. We are always looking for new challenges and developments to keep our knowledge growing. We achieve this through cooperation with reputable suppliers, employees with a very high level of knowledge, and an excellent quality and service level.We help our clients make processes in the areas of Product Lifecycle Management (PLM) and Building Information Modelling (BIM) manageable and scalable. We do this by providing advice and solutions with professionalism and integrity, which allows you to increase your profit. For more information about infostrait please visit www.infostrait.com

About TechniaTranscat

TechniaTranscat - the #1 knowledge company in PLM. By combining your strengths with our expertise in Product Lifecycle Management (PLM) we will help you to turn your vision into value, and become the future winner. Our solutions are used worldwide in industries such as life sciences, automotive, travel, retail, offshore, telecom, fashion, and food & beverage. We serve over 4000 customers worldwide, including 43 that are listed on the Fortune 500. TechniaTranscat is a part of Addnode Group, listed at the Nasdaq OMX Nordic List. For more information, please visit www.techniatranscat.com