No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home COUNTRY FRANCE

4CAD Group strengthens its position with the acquisition of Astrée Software, editor and integrator of MES software

Cisionby Cision
February 15, 2024
Reading Time: 3 mins read
in FRANCE, PRIVATE EQUITY
Share on FacebookShare on Twitter

NANTES, France, Feb. 15, 2024 /PRNewswire/ — 4CAD Group, distributor and integrator of industrial software solutions, acquires Astrée Software, the only French editor and integrator 100% dedicated to MES software. This acquisition will allow both companies to reinforce their value proposition within a single group, in order to better respond to the strong demand of digitalization. This partnership has strong ambitions: to be the leader in industrial digital transformation.

4CAD Group Logo


An acquisition synonymous with growth and leadership

4CAD Group has reinforced its position in both its strategic and geographical sectors, while strengthening its teams, notably through the successive acquisitions of Tangerine Software’s distribution business and e-THEMIS. The Group’s momentum continues with the acquisition of Astrée Software at the start of 2024, creating a unique and complementary high value-added offering, from design to manufacturing, promoting digital continuity.

Together, these entities capitalize on in-depth knowledge of distribution channels, a presence in France and internationally thanks to its 13 agencies of Connexateurs, and many years of experience in the sale and implementation of SaaS solutions.

This new ensemble has the following ambitions:

  • Consolidate and develop their leading position in terms of size, number of customers, employees and expertise.
  • Be a major player in the reindustrialization process.
  • To offer the most complete and specialized range of services, covering all manufacturing industry professions: Discrete and Process Manufacturing.

“We are delighted to welcome the talented Astrée Software teams to the Connexateurs family. Their expertise in MES enhances our offer, enabling us to provide a complete range of interconnected information systems to all our customers. Together, we are consolidating Astrée Software’s leading position on the French market, and we are determined to extend this influence internationally, notably through our establishments in Canada and Switzerland, as well as through a worldwide distribution network. This dynamic will be initiated by joint actions at the CFIA show in Rennes and the Global Industrie show in Paris“, declares Stéphane LETHEULE, President of 4CAD Group.

Joining forces to meet manufacturers’ need for digitalization

The synergy between Astrée Software and 4CAD Group will be enhanced by the expertise of the Connexateurs, the integration of complementary solutions, and a stronger geographical network across France. This collaboration will enable us to meet the growing demand for digitalization among industrial companies and provide a strategic response to the challenges they face.

13 years of expertise for the French leader in MES

Astrée Software was founded at the end of 2011 with a simple mission: to democratize the digitization of industrial workshops “MES for all”. Through technology, innovation and business know-how, its teams have designed simple, standard and cost-effective MES software accessible to as many people as possible.

The company is committed to cultivating a forward-looking vision of MES software and IT in general, constantly challenging its work processes to meet the real needs of its customers.

Like 4CAD Group, Astrée Software democratizes and simplifies access to the Factory of the Future for its customers.

“The merger with 4CAD Group is part of a strategy to accelerate Astrée Software’s growth in France and internationally“, reports Nicolas STORI, Co-Founder of Astrée Software. “It will also enable us to bring more value to our customers, with a complete digitalization offer that goes well beyond the workshop, ensuring coherent digital continuity of their industrial site“, he adds. “We’re delighted to be joining 4CAD group, a French player with whom we share many values“.

End of September 2024 Group targets
– Sales: Over €100 million
– 2,700 customers
– 600 employees

Logo – https://mma.prnewswire.com/media/2091787/4CAD_Group_Logo.jpg

Media contact: Khadeja Camara – khadeja.camara@lasuiteandco.com 

Cision View original content:https://www.prnewswire.co.uk/news-releases/4cad-group-strengthens-its-position-with-the-acquisition-of-astree-software-editor-and-integrator-of-mes-software-302061723.html

Read the orginal article: undefined

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

BENELUX

Nvidia’s big European push raises questions for sovereignty

June 15, 2025
GREEN

Exclusive: Octopus Energy deepens its focus on Africa with first tech investment

June 15, 2025
FRANCE

How Anthropic is looking to attract top AI talent as it launches ‘aggressive’ European expansion

June 15, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

Anthony Rose, Founder and CEO of SeedLegals will speak at this year’s EU-Startups Summit on May 9-10 in Malta!

Technology Holdings advises InsurTech specialist Aggne, on the acquisition of a majority stake by Wipro for $66 Million

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart