CENIT AG acquires Transcat PLM AG, Switzerland

Category: Cenit, Corporate, PLM, Press release, EIM, AMS, SAP, BOA

Software and consulting specialist CENIT is expanding its PLM portfolio and strengthening its presence on the Swiss market

Stuttgart, May 17th 2011 – On May 16th 2011, CENIT AG acquired Swiss-based company Transcat PLM AG. The company is a leading provider of services related to product development and information technology, supporting enterprises in optimizing processes with the aid of product lifecycle management (PLM) in Switzerland. It is planned to merge the enterprise with CENIT AG Switzerland as soon as possible. Previously, Transcat PLM AG was a 100% subsidiary of Dassault Systèmes, a world leader in 3D and product lifecycle management (PLM) solutions.

For many years, Transcat PLM AG has been a hallmark of experience, development and innovation in the field of product lifecycle management (PLM) solutions. With this acquisition, CENIT is ramping up its PLM business in Germany, Austria and Switzerland, further expanding its position as a market-leading PLM consulting provider, and underscoring the importance of the Swiss market.

“Transcat PLM AG is a strategic expansion of our PLM portfolio. Internationally active Swiss customers of Transcat PLM AG, such as Swatch, Stadler or Bobst, pay testimony to the company’s many years of experience and competence in the PLM field”, explains Kurt Bengel, COO of CENIT AG.

“In future, we want to focus even more closely on our core competencies. We are already bound to CENIT by more than 20 years of close and successful partnership. That’s why we are happy to see our 100% subsidiary in Switzerland, Transcat PLM AG and its customers pass into reliable and competent hands”, says Bruno Latchague, EVP, PLM Value Solutions, Dassault Systèmes.

Transcat PLM AG Director Alfonso Panichella is set to join the management of CENIT AG Switzerland.