Etteplan acquires AFFRA AB, a Swedish consulting company specializing in testing
Press release – Published: 28.05.2024 14:00:00
ETTEPLAN OYJ, Press Release, May 28, 2024 at 2:00 p.m. (EEST)
Etteplan acquires AFFRA AB, a Swedish consulting company specializing in testing
Etteplan reinforces its position in Sweden by acquiring Gothenburg based AFFRA AB, which is a consulting company specializing in software testing and in particular Hardware in the Loop (HIL) testing for the automotive and transport industry. HIL testing ensures that quality assurance during software and hardware development is implemented efficiently and safely. With immediate effect all 23 AFFRA employees with competencies in testing, software development and embedded solutions will transfer to Etteplan.
“AFFRA opens up new potential and strengthens our capabilities to deliver solutions and services to a wider range of customers, particularly in the transport and automotive industry. The acquisition further complements our service offering especially within testing and embedded system development. AFFRA has expertise in niche areas of the automotive industry, such as Hardware in the Loop (HIL) testing, which we will develop further in order to strengthen our competitiveness. I am glad to welcome AFFRA to join our Swedish and global Etteplan team”, says Magnus Frey, Vice President, Software and Embedded Solutions, Etteplan Sweden.
“We see a lot of opportunities arising as a part of Etteplan we can reach more customers and execute more complex projects, utilizing Etteplan’s test laboratory for example. As a results of the deal, our business and colleagues will benefit from diverse opportunities for further development and growth”, says Zoltan Raffai, owner of AFFRA.
AFFRA will become a part of Etteplan Sweden’s Software and Embedded Solutions service area and strengthen Etteplan’s foothold in Sweden.
More information:
Magnus Frey, Vice President, Software and Embedded Solutions, Etteplan, Sweden, tel. tel. +46 7064 02324
Outi Torniainen, Senior Vice President, Marketing and Communications, Etteplan, tel. +358 10 307 3302
Zoltan Raffai, owner AFFRA, tel. +46 735 255650
Adeel Zafar, owner AFFRA, tel. +46 721 799023
Etteplan in brief
Etteplan is a growing technology service company with the purpose of bringing people and technologies together to change things for the better. Together with our customers, we are building a world where every system, process, and product can be made smarter, more efficient, and more sustainable. Our customers include world’s leading companies in the manufacturing industry. In 2023, we had a turnover of EUR 360.0 million and around 4,000 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
