(Finance) – Antares Vision has completed the acquisitionand, through its subsidiary rfxcel, of ACSIS for an Enterprise Value of $ 12 million. Founded in 1996, ACSIS offers innovative software solutions and services to companies with complex warehouse, distribution and packaging management. The company offers to multinationals data management software solutions traceability, for optimization of inventory management, connected to the supply chain, and for data management integrated with ERP systems.
The acquisition was financed with available liquidity and the acquired company will be consolidated in the income statement of Antares Vision starting from today, explains in a note the company listed on Euronext Growth Milan and active in the sector of quality control and product traceability. The operation was announced a few days ago.
“This acquisition will further strengthen our end-to-end software solution for supply chain digitalization, enter the multi-billion dollar returnable asset management market and expand our presence into new industries,” he said. Emidio Zorzella, president and CEO by Antares Vision – Finally, will bring new customersmainly multinationals belonging to Fortune 1000 “.