ADDITUDE IS EVERYTHING
On January 23, Additude, located in Malmö, Sweden, joined ICT Group. This acquisition is completely in line with ICT’s strategy to expand to new geographies, more specifically the Northern European market. Both parties see this merger as a perfect fit.
Additude, one of Sweden’s leading IT consulting firms offers market-leading services within industrial innovation processes, project engagements and consultancy. Their customers include many of Sweden’s largest and technology-intensive companies. With the addition of Additude to the group, ICT will benefit company-wide from a unique mix of competences and skills. Adding Additude to the ICT Group opens up the opportunity to offer ICT’s proprietary OrangeNXT proposition to existing and new clients in Sweden.
With over 160 professionals and an annual turnover of around € 16 million Additude provides software and engineering consultancy services supporting customers in their innovation processes, product development and growth strategy. Additude’s total range of services is primarily aimed at the IT and engineering markets. They have been appointed the prestigious 'Gasell' award by Dagens Industry (The Swedish Financial Magazine) during 2016, 2017 and 2018. This distinction is awarded annually to the fastest growing companies in Sweden.
Jos Blejie, CEO ICT Group
”In line with our strategic direction to expand our business into new geographies, we foresee Additude to become the platform within ICT for the Northern European market offering high-profile industrial technology consulting services. We are impressed by the track record of Additude, including the realised profitable revenue growth over the last few years. From a cultural point of view, we see a good fit, which we believe is essential to collaborate and we are looking forward to welcoming Additude to the ICT family.”
Sam Aston, CEO Additude
“We are excited to become part of ICT Group and plan to leverage specific industry knowledge and operational expertise to grow our business with large industrial organisations and development-oriented customers in Sweden and other countries in the future. We see ample cross selling opportunities in the areas of innovations, growth and product development and we can benefit from ICT’s nearshoring capabilities in Bulgaria to support and develop projects performed in Sweden.”