Semcon has acquired the German product information company HAAS-Publikationen.
HAAS-Publikationen is based in Troisdorf, Dessau and Berlin and has more than 25 years of experience in technical documentation and product information primarily for the German railway industry. Presently, HAAS-Publikationen engages almost 50 employees. Turnover for 2017 totalled close to SEK50 million. The acquisition is expected to have a positive effect on operating margin as well as earnings per share in 2018.
“With the extended knowledge from multiple industries and a solid service offering, from both HAAS-Publikationen and Semcon operations globally, we will become an even stronger partner to both existing and future customers with this acquisition,” says Markus Granlund, President and CEO of Semcon.
Semcon has been on the German market, providing customers with product information services, since 2012. With the acquisition of HAAS-Publikationen, Semcon also establishes an expanded physical presence with three new offices in addition to the current office in Munich.
“We see this as an amazing opportunity for HAAS-Publikationen, both for our employees and for our customers. Semcon is a strong international player at the forefront of product information. We are looking forward to becoming a stronger partner for our customers in Central Europe,” says Stefan Moldenhauer, Managing Director HAAS-Publikationen and one of the sellers who will retain a managerial position.
“Our ambition with this acquisition is to extend our ability to provide a competitive and advanced product information offering in Germany, always keeping the user’s needs in focus,” concludes Johan Ekener, President of Semcon Business Area Product Information.
