Addnode Group acquires software company Adtollo and strengthens its position as a leading provider of solutions within the infrastructure industry
Stockholm, September 22, 2017. Addnode Group has acquired the Swedish software company Adtollo, which develops solutions that streamline processes in the infrastructure building industry. The company has 16 employees and has a turnover of approximately 24 MSEK.
Since 1993, Adtollo has provided modern tools for the infrastructure building industry and developed systems for the map and construction industry. The company delivers, among other things, the CAD system Topocad to over 100 Swedish municipalities and several of the Nordic region’s leading construction companies.
Sweden is one of Europe’s fastest growing countries, which places great demands on the development and management of our infrastructure. In order to handle this, both the public sector and the construction industry need help from our IT suppliers. We must be able to deliver modern digital solutions that increase the quality, sustainability and cost-effectiveness of our construction industry. With Adtollo as part of Addnode Group, we have strengthened our position as leading IT provider in the sector, said Andreas Wikholm, Business Area Manager for Addnode Group Process Management.
Adtollo has previously worked with several companies within Addnode Group and this is a natural step for us to go. Together with Addnode Group, we have an even better and more comprehensive alternative to offer our customers, says Stefan Andersson, CEO of Adtollo.
Access will take place on October 2, 2017 and will be part of Addnode Group’s Process Management business area.
For more information, please contact:
Stefan Andersson, CEO, email@example.com, 070-911 15 01
Tomas Sandström, Business Unit Manager, firstname.lastname@example.org, 070-911 15 03
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