This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

SWG purchased by European software provider

02 August 2017

Addnode Group has announced the acquisition of Service Works Group (SWG) for an undisclosed sum.

It was announced that SWG will continue to design, development and support of its FM software products for clients around the world.

The statement read that the move will also allow the business to strengthen its core services, expand its product offering and "continue to meet the ever-changing demands of the FM industry".

This will be delivered in part through close cooperation with Addnode Group's Symetri brand, which has a strong presence in the Nordic countries at present, with the two sides working together on a global basis.

SWG chief executive officer Gary Watkins said: "Together with Symetri we will be able to provide a more extensive and compelling offering to the global market."

Addnode Group Design Management president Rolf Kjaernsli said the "strategic acquisition" showed the group's expansion into new areas and the strengthening of its FM product porfolio.

"As a result, we will be able to jointly deliver a more extensive portfolio of solutions to our customers in both the Nordic countries, where we have a significant position, as well as in UK and other markets, such as Australia and Canada, where SWG has a strong presence," he said.

Print this page | E-mail this page


Article image Hotel closed after legionella cases revealed

Following the discovery that two guests had contracted Legionnaires' disease, the Feathers Hotel in Ludlow, Shropshire has closed for water management procedures to be carried out.Full Story...

Article image PFM Awards 2017 finalists announced

Successful entries selected for inclusion in the list of finalists for the PFM Awards 2017 have been announced.Full Story...

PFM Awards 2017 categories announced

Family-owned Cordant Group becomes social enterprise

EXCLUSIVE PFM scoops last interview with Debbie White, outgoing CEO of Sodexo UK & Ireland