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ICT Group has acquired Additude

January 2019 — ICT Group N.V., a leading industrial technology solutions and services provider, has acquired Additude AB.

ICT Group, listed on the Amsterdam Stock Exchange, provides technological solutions and services worldwide. The company's specific industry knowledge of various markets enables it to implement innovative solutions. The main operating entities of the group include: ICT Netherlands, ICT Belgium, CIS Germany, Strypes Bulgaria , InTraffic, Raster Industriele Automatisering and Raster Products, Improve Quality Services, NedMobiel, OrangeNXT, and BMA. The group has 1,250 technical specialists.

Additude offers world-class technological innovations and product development. With 160 highly experienced professionals the company delivers full scale solutions ranging from embedded systems and software development to mechanical and electronic engineering.

Our role in the transaction

Oaklins’ teams in Sweden and the Netherlands acted as exclusive financial advisors to ICT Group on the acquisition of Additude.

Parties

Talk to the deal team

Gerbrand ter Brugge

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Adel Koubaa

Managing Partner
Stockholm, Sweden
Oaklins Sweden

Lars Gustafsson

Partner
Stockholm, Sweden
Oaklins Sweden

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