Vitec Software Group AB (publ) is strengthening its Nordic position in Vertical Market Software on March 17 by acquiring all shares in the Finnish software company ALMA Consulting Oy. In fiscal year 2019, ALMA Consulting Oy reported sales of EUR 3.0 million, with an adjusted EBITDA of EUR 0.8 million. The company employs more than 20 persons.

ALMA Consulting develops and delivers information management software for the processing industry and energy companies in Finland. The products allow companies to streamline and plan their production supporting processes, such as maintenance, in an efficient and flexible way. The company currently has approximately 100 customers. ALMA knowledge management systems are licensed to about 7,000 users among 300 companies in 46 countries. It is a registered trademark in 13 countries and has been in the market since 1986.
 

Vitec Software Group AB is market leader for Vertical Market Software in the Nordic region. The group employs approximately 750 persons in Denmark, Finland, Norway and Sweden, and achieved a turnover of SEK 1,156 million in 2018. Vitec is headquartered in Umeå and listed on Nasdaq Stockholm.