Vitec Software Group AB aquires Autodata Norge AS

Autodata Norge AS offers an industry-specific ERP system for the Norwegian automotive industry.

In 2013, the company had a turnover of NOK 38.3 million, with almost 100% repetitive income and profit before taxes of NOK 6.4 million.

The payment has been made in cash with NOK 33.4 million upon signing of the contract. The company will be consolidated into the group from the month of May.

The press release can be read here.

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