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Addnode Group Expands with Acquisition of ACAD-Plus

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Addnode Group Expands with Acquisition of ACAD-Plus

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

Addnode Group has acquired ACAD-Plus Inc., a Houston-based provider of CAD-based space management and facilities optimization software. This acquisition will enhance Addnode’s Design Management division by integrating ACAD-Plus’ flagship product, FMG-Plus, which is known for its precision and reliability in managing complex facility portfolios. The move is expected to strengthen Addnode’s market position in digital lifecycle management across the built environment, from design to maintenance, and expand its footprint in the higher education and public sectors.

The most recent analyst rating on ($SE:ANOD.B) stock is a Hold with a SEK102.00 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 aims to digitalize society by acquiring and developing enterprises. Addnode Group operates in 20 countries across four continents, with 2,700 employees and 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: 128,793

Technical Sentiment Signal: Hold

Current Market Cap: SEK13.46B

Find detailed analytics on ANOD.B stock on TipRanks’ Stock Analysis page.

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