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IFS acquires MultiPlus Solutions

IFS, the global enterprise applications company, today announced that it has signed an agreement with Qurius International Holding B.V. to purchase 100% of the shares of MultiPlus Solutions AS. The purchase price will be paid in cash. The acquisition will further strengthen IFS’ market position with respect to project-based solutions (PBS) for targeted industry sectors.

With IFS as an owner, MultiPlus customers will get a future-proof partner that has the capacity to support them long-term.IFS will continue to enhance, maintain and support the MultiPlus product.

“With the acquisition of Multiplus Solutions IFS can be seen to be executing on its stated strategy for growth and doing so by growing in one of its primary target sectors. The industries served by project- based solutions (PBS) are a market in which MultiPlus Solutions is a well respected supplier and where IFS seeks to achieve a market-leading position with its excellent customers and deep industry knowldge” Alastair Sorbie, IFS CEO said.

IFS Scandinavia will be responsible for integrating MultiPlus Solutions, and Managing Director Glenn Arnesen looks forward to welcoming both new customers and employees onboard.

“We have a strong cultural fit, both organanizations being customer-driven and committed to delivering flexible, component-based solutions that respond to the changing needs of our targeted industries. We also look forward to including companies such as Ulstein Verft, Color Line, The Frank Mohn group, Elko, Sinopacific Shipbuilding Group, Mustad and UMOE Schat-Harding in our customer base,” Glenn Arnesen said.

 

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