For several weeks, and even months, there has been rumor about the possibility that Prodways Group is interested in buying AvenAo Industries. Finally, and through an official statement launched jointly by both companies, the purchase of AvenAo Industries by Prodways Group is made official for an amount that amounts to 65 millones de euros.
Going into a little more detail, it should be noted that AvenAo Industries is a company that was founded in 2002 by Sébastien and Lenny Vercruysse. This company, over time has specialized in the sale of industrial solutions closely related to the world of simulation, documentation, PDM ..., production management and even manufacturing itself thanks to its own technologies for 3D scanning, 3D printing or topological optimization.
Finally, the purchase of AvenAo Industries has involved Prodways Group the disbursement of some 65 million euros
In turn, and thanks to the hard work of all these years, the AvenAo Industries company has managed to become one of the largest distributors of SolidWorks material, Dassault Systèmes design software and even an important source of 3D printing thanks to its subsidiary Creatix3D .
With all this in mind, it is not difficult to understand all the benefits that a company of this size can bring to Prodways Group. According to the first words of its leaders, the idea is to achieve strengthen its integration strategy in the 3D printing market making it reach its customers a much more global offer.
According to his own words Raphael Gorge, current CEO of Prodways Group:
Combined with our industrial 3D printing technologies, the acquisition of AvenAo Industries represents a huge accelerator for our business strategy and the strengthening of our offering for the benefit of our customers.
Applying technology and experience gained in 3D design and integration will strengthen our ability to support our clients' digital transformation, whether in aerospace, medical, or other industries.