Hilti wants to take over 4PS Group
The Hilti Group is planning to expand its range of software for construction projects. To this end, the globally active tool manufacturer from Schaan wants to take over the 4PS Group. The Dutch company specialises in software for business processes in the construction industry.
The Hilti Group is seeking to acquire the 4PS Group. The Dutch company, which is headquartered in Ede and has branches in the UK, Belgium and Germany, specialises in software for business processes in the construction industry, Hilti informs in a corresponding statement. According to the statement, the acquisition is still subject to the approval of the relevant supervisory authorities. No details of the purchase price are given in the release.
“As a company that works closely with its customers and focuses on driving the digital transformation of the construction industry, 4PS Group is a perfect fit for Hilti,” Thomas Hillbrand, member of the Hilti Group Executive Board, is quoted as saying in the release. “We share the conviction that optimised business processes offer enormous productivity potential for the construction industry.” The corresponding offering from 4PS is intended to complement Hilti’s software offering for working capital management and construction site management.
The company’s 4PS Construct software is based on Microsoft Dynamics 365 Business Central and provides functions for managing construction projects. Construction companies can use it to control their profitability and plan and manage the use of resources. “By integrating our services and cloud solutions into Hilti’s portfolio, we will become an even stronger digitalisation partner for the construction industry,” explains Paula Middelkoop, Director Product & Development at 4PS Group. The approximately 350 employees, including the management of 4PS, are to remain with the company under the umbrella of the Hilti Group.