Alpina Partners acquires majority of Objective International NV
Alpina Partners acquires majority of the shares of Objective International NV (“Objective”), Wichelen, Belgium.
“We consider the Alpina team as a very professional financial partner in the technology sector. Together with the strong worldwide network and expertise of Germanedge, a group of companies active in the digitalization of factories, we are ready for realizing our future growth plans.”, says Koen De Clercq, CEO at Objective.
“We are delighted to welcome Objective as a new portfolio company in our growth fund. Objective is a well-established specialist in the process and discrete Manufacturing Execution System and Warehouse Management System market. Especially, in the Germanedge context, Objective plays a significant expansion role, comprising new regional and industry knowledge. We look forward to supporting the management team and their successful strategy through our sector expertise and international network.” says Sebastian Canzler, Partner at Alpina Partners.
“With its strong product suite, impressive portfolio of customers and an experienced leadership team, Objective will significantly support the momentum Germanedge has achieved. The addition of Objective enables Germanedge to reach out to process manufacturing organisations, next to discrete manufacturers and bridge the gap to offer a full suite of MES and MOM solutions to almost all industries.”, says Christian von Stengel, CEO at Germanegde.
Objective was founded in 1996 and developed into a leading provider of shop floor and warehouse floor IT solutions. With its object-oriented software suite “Objective” the company offers an innovative combined MES and WMS-solution for the process and discrete manufacturing industry. The combined MES- and WMS solution comprises a unique “production logistics engine“, the beating heart of a manufacturing company, seamlessly and just-in-time ‘orchestrating’ logistics operations with manufacturing process steps. Customers include leading (mid-sized to world scale) food and beverage companies as well as metal processing and machine assembly companies. So called ‘industry vertical solutions’ support best practices in different specific industrial environments like, amongst other, dairy, industrial bakery, fresh and frozen fruit & vegetables, plastics processing, electronics, and OEM. Objective has approx. 80 employees, mainly situated at its Headquarter in Wichelen, Belgium, and in Eindhoven, The Netherlands (www.objt.com).
Germanedge consist of the MES Solutions and the QDA Solutions situated in Munich, Burghausen and Lübeck. The group offers software solutions for equipment productivity, worker productivity as well as product quality with MES Solutions covering the first two topics.
Alpina is an independent technology investment firm with approximately EUR 300 million in assets under management. The firm focuses on small and mid-sized businesses in Europe with strong technical USPs. Alpina supports entrepreneurs and management teams to implement its growth strategies. Alpina is supported by the European Union through the „Competitiveness and Innovation Framework Programme“ (CIP).
From the part of Alpina, the transaction was carried out by Sebastian Canzler and Stephan Prym.