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Addnode Group Expands U.S. Presence with Strategic Acquisition

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Addnode Group Expands U.S. Presence with Strategic Acquisition

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Addnode Group AB Class B ( ($SE:ANOD.B) ) has shared an announcement.

Addnode Group’s subsidiary, Symetri, has acquired part of Repro Products, Inc. in the USA, enhancing its market position with a focus on Autodesk software solutions. This acquisition, based in Smyrna, Georgia, adds approximately 900 customers to Symetri’s global base, strengthening its presence in the AEC and manufacturing sectors. The acquisition will be consolidated into Addnode Group’s Design Management Division, reflecting the company’s strategy to expand its customer base and expertise in the U.S. market.

The most recent analyst rating on ($SE:ANOD.B) stock is a Buy with a SEK110.00 price target. To see the full list of analyst forecasts on Addnode Group AB Class B stock, see the SE:ANOD.B Stock Forecast page.

More about Addnode Group AB Class B

Addnode Group is a leading global provider of software and services focused on design, construction, product data, and facility management. The company supports the public sector with document and case management solutions and has a presence in 19 countries across four continents. With 2,700 employees, Addnode Group operates around 20 companies and reported net sales of SEK 7.8 billion in 2024. Its Series B share is listed on Nasdaq Stockholm in the Large Cap segment.

Average Trading Volume: 176,126

Current Market Cap: SEK15.79B

Learn more about ANOD.B stock on TipRanks’ Stock Analysis page.

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