Etteplan strengthens its position in technical documentation in Germany by acquiring F.I.T. Fahrzeug Ingenieurtechnik GmbH
Press release – Published: 17.05.2021 13:15:00
Etteplan press release May 17th, 2021 at 13.15 p.m. EEST
Etteplan is strengthening its position in technical documentation in Germany through the acquisition of F.I.T. Fahrzeug Ingenieurtechnik GmbH. Founded in 1972, F.I.T. specializes in technical documentation solutions for governmental utility vehicles and the defense industry. It is located in Koblenz and employs some 15 technical documentation specialists.
“The acquisition of F.I.T. complements our existing competences in technical documentation and supports the growth of our business in Germany. Together with our existing operations in Koblenz, the acquisition strengthens our position in the area, says Mikael Vatn, SVP, Technical Documentation Solutions, Etteplan.
Currently Etteplan operates in 6 different cities in Germany and employs there some 175 technical experts, 50 of them specializing in technical documentation. Etteplan first started its operations in Germany through the acquisition of Arvato AG’s technical documentation business in 2015. In 2019 Etteplan expanded its operations in Germany to engineering services and acquired EMP Engineering Alliance and its some 100 industrial automation and process engineering specialists.
More information:
Mikael Vatn, SVP, Technical Documentation Solutions, Etteplan, tel. +46 708 814820
Outi Torniainen, SVP, Marketing and Communications, Etteplan, tel. +358 10 307 3302
Etteplan in brief
Etteplan provides solutions for software and embedded solutions, solutions for industrial equipment and plant engineering and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2020, Etteplan had a turnover of approximately EUR 260 million. The company currently has some 3,300 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com
