Press release -
Sigma Technology Group acquires ETECTURE GmbH to strengthen digital transformation offer in the German market
Sigma Technology Group continues scaling up its business activities in the Digital Revolution direction and, along with recently established companies in Norway and Sweden, has announced the strategic acquisition of ETECTURE GmbH, a company with a solid background in digitalization solutions. The company is located in Baden-Württemberg, one of the strongest regions in Germany. As part of the Four Motors for Europe network, Baden-Württemberg is home to some of the biggest German companies, including Daimler, Porsche, SAP, and Bosch. MOSOLF SE & Co. KG, a leading technology and logistics service provider for the international automotive industry, becomes the second shareholder partner, allowing together to amplify digitalization expertise in the corresponding sector.
“Electrification and digitalization drive the global economy and our business. Together with our customers, we make a difference that changes people’s lives and contributes to a sustainable future. I’m eager to announce that we are continuing our global expansion by acquiring ETECTURE, a well-known brand in the German market, famous for its incredible scalability and successful track record with strategic customers,” says Carl Vikingsson, CEO at Sigma Technology Group and continues, “We are proud to have MOSOLF as our investment partner. Their extensive know-how in the logistics and transport sector and ambition in digitalization combined with the stability of being a family-owned business gives us confidence in the success of this acquisition."
According to the acquisition agreement, ETECTURE will be an independent company within the global Sigma Technology network and family, sharing the organization’s philosophy “Local Drive – Global Strength”. It means ETECTURE will strive to take root in the TOP 3 in their market with a global strength that supports their operations and growth. As a service provider, Sigma Technology will share insights, competence, and capacity to serve the existing customers, and provide a broader scope of business by adding additional services such as R&D, connectivity, and electrification solutions. As an employer, Sigma Technology aims to strengthen both its external and internal attractiveness for top talents in Germany.
Francesco Loth, co-CEO at ETECTURE, comments: “Our clients needed support along the entire value chain, which did not only require more extensive digital know-how but also more human resources. That’s why we were looking for partners able to complement our expertise and increase our capacity, which we have now found in Sigma and Mosolf.” Stefan Dangel, co-CEO at ETECTURE, also adds: “with Sigma and its 3,850 employees at our back, ETECTURE will support customers with competencies and capacities for projects in the context of digital transformation, and will offer stable and reliable implementations for long-term, large and international projects.”
"Our strategic vision is to independently offer modern digitalization topics in the mobility sector for our customers in order to even better meet the high demand for digital transformation solutions. For this purpose, ETECTURE's products and services are a perfect extension of our comprehensive portfolio of digital projects and services," Dr. Jörg Mosolf, CEO of the MOSOLF Group, expresses his motives. "Digital processes have always been a priority for us. Working closely with customers, our digital infrastructure is already authoritative in the markets. In combination with the business and technology expertise of Sigma Techology Group, we are igniting a new level of digitalization for our processes with customers with this investment," continues Dr. Mosolf.
For more information, contact Carl Vikingsson, CEO at Sigma Technology Group, carl.vikingsson@sigmatechnology.se, +46 70 601 19 00
About Sigma Technology
Sigma Technology Group, part of the Sigma Group, is a privately-owned global technology consulting company with operations in Sweden, Hungary, China, Norway, and Ukraine and global delivery to Europe, the USA, and China. Sigma Technology Group offers cutting-edge expertise in software development, product information, embedded systems design & development, and digital solutions with expert consultants, offshore delivery, and development teams.
For a complete picture, visit sigmatechnology.se
Sigma is owned by Danir AB and has about 3,850 employees and a network of partners in nine countries.
About ETECTURE
ETECTURE GmbH supports customers as a holistic service provider for digital transformation. ETECTURE develops digital strategies and business models with customers and partners and implements future-oriented solutions and services along the entire value chain - for every degree of digital maturity and regardless of industry.
With profound experience in the fields of strategy, technology, software development, and data science as well as their target-oriented methodology, the digital architects at ETECTURE have been creating measurable added value in long-term customer relationships for 18 years and turning ideas into digital reality.
On the one hand, the customer base includes corporations such as Bosch, Deutsche Bahn, Volkswagen, and BMW. On the other hand, ETECTURE works with medium-sized companies such as MOSOLF, SWK Bank, CMS.law, or the Beltz publishing group.
With the TISAX certification for its information security management, the company proves a high and actively managed level of data and information security.
With currently more than 100 employees in Karlsruhe, Düsseldorf, and Frankfurt / Main as well as reliable near-shoring partners, ETECTURE is able to grow quickly and in line with customer requirements and to scale services with constant high quality.
About MOSOLF
The MOSOLF Group is one of the leading system service providers for the automobile industry in Europe. The range of services at the family business, which was founded in 1955 and has its headquarters in Kirchheim unter Teck, includes tailor-made logistics, technical and service solutions. They are provided through a network of business sites across Europe and a multi-modal fleet that combines different modes of transport. The MOSOLF Group is organized into four central business units: Releasing Solutions, Transport Solutions, Logistics & Services, and Retail Solutions.
The MOSOLF Group’s services cover the complete value-added chain for automobile logistics: from the end of the conveyor belt to recycling. In addition to transporting vehicles (cars, light commercial vehicles, “high & heavy”), its business operations include workshop services, special vehicle construction, industrial coatings, mobility services, releasing agent services, electromobility, and vehicle recycling. MOSOLF provides all-around, customized solutions within this context for the automobile industry, fleet operators, and car dealers from one source and also handles the associated data flow by means of modern software solutions.
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Sigma is a leading consulting group with an objective to make our customers more competitive. Our means are technological know-how and a constant passion for finding better solutions. In total, we are 3,850 employees in nine countries.
Sigma is owned by Danir, held by the Dan Olofsson family.
