M&A Deal Summary

Addnode Group Acquires Symetri AB

On November 14, 2005, Addnode Group acquired information technology company Symetri AB

Acquisition Highlights
  • This is Addnode Group’s 4th transaction in the Information Technology sector.
  • This is Addnode Group’s 8th transaction in Sweden.

M&A Deal Summary

Date 2005-11-14
Target Symetri AB
Sector Information Technology
Buyer(s) Addnode Group
Deal Type Add-on Acquisition

Target

Symetri AB

Borlange, Sweden
Symetri AB is a provider of model and drawing based IT solutions and work with implementation of software, training, support and IT support of CAD systems for the building and civil construction, facility management and manufacturing sectors.

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Buyer(S) 1

Buyer

Addnode Group

Stockholm, Sweden

Category Company
Founded 1987
Sector Engineering
Employees2,664
Revenue 7.4B SEK (2023)
DESCRIPTION

Addnode Group provides design, engineering, and product lifecycle management solutions primarily in the Nordic Region. Addnode Group was founded in 1987 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 8 of 48
Sector (Information Technology) 4 of 24
Type (Add-on Acquisition) 8 of 46
Country (Sweden) 8 of 35
Year (2005) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-21 Prosilia Software AB

Stockholm, Sweden

Prosilia Software AB is an IT consulting business with the profile of system development in the markets logistics, maintenance and insurances.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-16 DF Kompetens AB

Stockholm, Sweden

DF Kompetens AB is a provider of IT-related solutions to public and private sectors.

Buy -