Engineering USA acquired Movilitas, further strengthening the capabilities and unique market position of the organization's Industries eXcellence Global division, which specializes in the design, integration and delivery of holistic technology solutions covering the end-to-end lifecycle of industrial products and processes.
Movilitas will complete the company's vision for Industry 4.0 and reinforce its competences in product tracking and tracing, digital twin, asset performance management and warehouse management.
"The deal reflects Engineering's international acquisition strategy, which, alongside the organic growth guaranteed by its deep cross-cutting skills, enhances the best market excellences by integrating them into its own offering. This allows us to remain at the forefront of the market while operating in a sector where evolution is extremely rapid, generating exponential value both for the companies acquired and for our clients, who are thus guaranteed maximum efficiency and speed of execution of their digital transformative strategies," says Maximo Ibarra, CEO of Engineering Group.
"This acquisition marks a key milestone in the realization of the Engineering Group's strategic vision for Industries eXcellence Global – to build the world's leading organization focused on the digital advancement of the industrial sector, incubating a global team of the most knowledgeable specialists in the world and capable of delivering end-to-end solutions across the lifecycle of our clients' products and processes. We are incredibly excited to welcome such a talented team of innovators to our digital transformation journey. Together, we will make the future of industry possible," says Ettore Soldi, president of Engineering USA and head of industries eXcellence Global.
"At Movilitas, we're focused on helping companies become intelligent enterprises with smart supply chain ecosystems. We'll continue to serve as trusted advisors and industry experts to exceed our customers' needs for digital supply chain transformation. Joining Engineering USA as part of their Industries eXcellence Global division enables us to deliver a differentiated value proposition through the newly combined services and solutions to power a safer and smarter future in a global connected economy," says Ross Young, CEO of Movilitas.
From PR Newswire:
- Bringing more than two decades of industry experience, Movilitas' 200-plus digital transformation specialists have successfully deployed digital supply chain solutions in 51-plus countries.
- This acquisition also adds seven new operational hubs for the Engineering Group in the United States, France, Germany, Belgium, Hungary, India, and the U.K. This expanded geographic footprint will augment the existing presence of their Industries eXcellence Global division across North America, South America, Europe and Asia.
- The new synergy creates a comprehensive technology portfolio that delivers integrated solutions that transform processes, systems and products across the value chain from point of origin to consumption.
