Perk, Belgium 26th April 2018
The world’s leading supplier of software solutions for the ERP system SAP Business One, Boyum IT Solutions has acquired the Belgian company Produmex, providing a unique position in the warehouse management market.
Produmex, formerly part of SAP consulting company Movilitas Consulting, specializes in warehouse management. With this acquisition, Boyum IT Solutions expands its portfolio of products for the SAP Business One ERP system in the global SMB segment. With 500 partners in 92 countries, Boyum IT Solutions has been building the industry’s largest customer base since 2004, and the acquisition of Produmex creates new opportunities with the ability to offer a complete solution for warehouse management operations especially within regulated industries.
“Joining forces with Boyum IT Solutions just makes strategic sense’’, says Kris Adriaenssens CEO and founder of Produmex. ‘’Combining our teams and world leading supply chain and manufacturing solutions provides our partners with the competitive edge to compete in the fierce ERP landscape to their customers advantage.’’
In September 2016, Boyum IT Solutions acquired the BEAS Group, providing an extremely strong position in the manufacturing market. ” Similarly, the acquisition of Produmex ensures that we can now offer our customers a complete solution for inventory management. Produmex is a large global solution provider within the SAP Business One community, and by welcoming their team and products into the Boyum fold we will strengthen our market-leading position. These two products complement each other perfectly, and the resulting combination enables us to provide our partners with the comprehensive solution they require. All in all, we are very pleased with this transaction and the merger of the two companies”, says Mikael Boyum, CEO and founder of the Boyum Group.
The Danish technology-focused private equity fund, GRO Capital, invested in Boyum IT Solutions in connection with the acquisition of Produmex, and the strengthening of Boyum IT Solutions is fully aligned with their strategy for Boyum IT Solutions.
Boyum IT Solutions provides software solutions for the continued global digitalization of small and medium-sized businesses. ‘We have had an eye on Produmex for a while, as with it we will achieve a unique position in the manufacturing business segment, in which customers often also need a warehouse management solution. With an overall market growth of 10% p.a., the growth potential of each of Boyum’s individual software solutions is attractive, but the combination of BEAS and Produmex will be very strong in the SAP Business One market, and will hopefully accelerate the growth of Boyum IT Solutions’, comments Lars Lunde, partner in GRO Capital.
The acquisition of Produmex brings an additional 50 new employee, with Boyum IT Solutions now totaling over 100. In the last fiscal year, Boyum IT Group realized a revenue of just over 100 million DKK.
For further information, please contact:
Kris Adriaenssens CEO, Produmex, tel. +32 475 69 29 60 / email@example.com
Martin Gore, Global Marketing Director, Produmex tel. +33 633 676 492 / firstname.lastname@example.org
About Boyum IT Solutions A/S
Boyum IT was established in 1997 and has been a SAP partner since 2004. With a philosophy of offering users with good and dependable IT solutions with high operational reliability and security. Boyum IT Solutions A/S is subsidiary of Boyum IT, and headquartered in Brabrand, Aarhus and employs 56 people, and recognized several times as one of the leading Danish IT ‘Gazelles’.
More information about Boyum IT Solutions is available on www.boyum-solutions.com
Produmex is a leading industry focused SAP Business One value added reseller and a global software solution partner of cross industry focused integrated supply chain applications, covering manufacturing, warehouse management and logistics. The company comprises of 50 people, headquartered in Perk, Belgium, with sales and services offices in USA, Germany, Netherlands and a development center in Hungary.
More information about Produmex is available on here