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Accenture agrees Salt Solutions takeover
Posted on Wednesday, 16 September 2020 14:02
Accenture has reached an agreement for the acquisition of Salt Solutions, a Germany-headquartered technology consultancy.
No financial details of the transaction have been disclosed at this time.
Following closing, the target will become a part of the buyer’s Accenture Industry X division, which enables clients to improve the operation of their factories and plants.
The move will help grow the unit’s digital manufacturing, operations and supply chain activities in Germany.
Commenting on the agreement, Accenture’s market lead for Germany, Austria, Switzerland and Russia, Frank Riemensperger, said: “Salt Solutions’ expert knowledge and experience in dynamic digital manufacturing and optimization will significantly deepen Accenture’s shop floor expertise.”
The buyer also expects to strengthen its digital manufacturing and operations capabilities as a consequence.
Completion remains subject to customary conditions.
Salt Solutions partners with companies to digitise their supply chain and is active in the design of enterprise application systems based on SAP, Java and Microsoft platforms.
The company employs around 700 people and generated sales of EUR 65.00 million in 2019, up from EUR 61.80 million over the preceding 12 months.
It operates from five locations throughout Germany.
Accenture is no stranger to the acquisition trail, having already agreed 19 purchases in 2020 to date alone, according to Zephyr, the M&A database published by Bureau van Dijk.
Of these, the most recent was announced just last month, when the firm signed on the dotted line to buy New York-based online content production platform operator Creative Drive.
This was preceded by the purchase of Brazilian information technology systems and computer design integration services provider Organize Informacao just a few days earlier.
No financial details of either deal were disclosed.
Other companies to have been targeted in Accenture during the year to date include the likes of Sentelis, PLM Systems and Byte Prophecy.
© Zephus Ltd