Delphi advisor to Addnode Group AB (publ) in connection with acquisition
Addnode Group AB (publ), listed on Nasdaq Stockholm, has entered into an agreement to acquire the software company S-GROUP Solutions AB.
S-GROUP Solutions is specialized in business-related GIS-solutions for municipalities, water and sewage organizations and real estate measurements (Sw. Lantmäteri). The acquisition strengthens Addnode Group’s market leading position within technical systems for municipalities and geo-data based solutions for the smart city.
Closing is expected to take place on 1 April 2021.