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  5. Vitec Acquires Aloc A/S

M&A Deal Summary

Vitec Acquires Aloc A/S

On June 30, 2014, Vitec acquired software company Aloc A/S

Acquisition Highlights
  • This is Vitec’s 2nd transaction in the Software sector.
  • This is Vitec’s 1st transaction in Denmark.

M&A Deal Summary
Date 2014-06-30
Target Aloc A/S
Sector Software
Buyer(s) Vitec
Deal Type Add-on Acquisition

Target

Aloc A/S

Odense, Denmark
Aloc A/S is a developer of enterprise resource planning software.

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Buyer(S) 1

Buyer

Vitec

Umeå, Sweden
Category Company
Founded 1985
Sector Software
Employees1,660
Revenue 3.3B SEK (2024)
DESCRIPTION

Vitec is a software company that offers industry-specific business applications. Vitec was formed in 1985 and is based in Umeå, Sweden.

DEAL STATS #
Overall 3 of 8
Sector: Software M&A 2 of 6
Type: Add-on Acquisition M&A Deals 3 of 8
Country: Denmark M&A 1 of 2
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-24 AutoData Norge AS

Oslo, Norway

AutoData Norge AS is a provider of hosted and managed IT solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Datamann A/S

Soborg, Denmark

Datamann A/S is a provider of software for the danish car industry.

Buy kr.44M
Mergr

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