AXI, a software program and IT group lively in Belgium and the Netherlands, has taken over the Belgian firm Tilroy, a specialist in built-in retail software program. With the acquisition, AXI will increase its market share within the Belgian and Dutch retail sector and expands its software program portfolio.
Strengthening software program portfolio in retail sector
‘Within the coming years, AXI needs to proceed to give attention to the expansion and growth of its software program options and cloud providers. With the acquisition of Tilroy, we reinforce these plans’thinks so Paul Peeters, CEO van AXI. ‘With the superior on-line checkout and e-commerce software program options from Tilroy, AXI strengthens its in depth cloud-based product portfolio for retailers’.
‘Furthermore, with this acquisition we’re additionally growing the scope. We are able to present a really wide selection of shops with a 100% built-in resolution.’
Scaling up and internationalization
‘Tilroy has thus far primarily been lively on the Belgian market’, so tells Peter De Ranter, CEO and founding father of Tilroy. ‘AXI has a agency foothold in each Belgium and the Netherlands and likewise has ambitions past that. AXI enhances Tilroy each geographically and product-wise and is the perfect associate for us to speed up development.’
Strengthen market place and maintain development
Strada Companions strongly believes in an lively coverage on acquisitions that may present concrete added worth for AXI.
‘With this primary acquisition, since our entry on the finish of final 12 months, we consolidate AXI’s place as a supplier of specialised B2B software program. Furthermore, this may make us a very powerful supplier of retail software program within the Benelux’, so tells Matthias Vandepitte, Managing Accomplice at Strada Companions.
Continuity for purchasers and workers
AXI sees the variety of workers enhance to greater than 450 workers as a result of takeover.
‘We need to safeguard Tilroy’s identification and assure continuity for purchasers and workers,’ so tells Paul Peeters. ‘The in depth experience accessible at each organizations ensures an ideal match. By way of this cross-pollination we’ll strengthen one another.’
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