With acceptance from all 238 shareholders in iStone representing 100% of the share capital Columbus completes the acquisition of iStone. Columbus hereby enters the Swedish market and at the same time occupies a market leading position within e-commerce in the Nordic region.
Copenhagen, 2 January 2018: Columbus and iStone join forces and become market leading in the Nordic region within business applications and e-commerce. iStone, which is a leading IT services company within business applications and e-commerce solutions in Sweden and Norway adds more than 600 highly skilled employees to Columbus positioning Columbus as market leading in the Nordic region.
“We are very pleased to be able to welcome iStone’s employees to Columbus. iStone and Columbus are a perfect match both businesswise and culturally, and together we can create even more value for our customers and reach our strategic business goals”, says CEO & President in Columbus, Thomas Honoré.
The acquisition of iStone is a game changer for Columbus, which in one stroke increases the company by 50% both within revenue and employees. With the acquisition of iStone, Columbus has almost 2,000 employees in 19 countries and hereby expands its global footprint in line with its vision of becoming a global strategic partner leading customers in the digital transformation of their business.
In addition to Columbus’ expertise within business applications and IT services, iStone contributes with deep expertise in e-commerce and a wider ERP business. And with common industry focus on manufacturing, food, retail and distribution companies, Columbus can offer a complete solution portfolio for customers globally.
Besides common industry focus, iStone comes with a market leading position within ERP solutions for the Swedish manufacturing industry, which combined with Columbus’ complete portfolio of industry solutions for manufacturing companies opens new opportunities for creating further value for iStone’s existing and new customers.
iStone is the largest independent Infor M3 partner globally, and is at the same time leading supplier of solutions within Microsoft, e-commerce and SAP. Combined with Columbus’ market leading Microsoft competencies and solution portfolio Columbus expands its technology competencies, thus appealing to a larger market.
“We are very much looking forward to becoming a part of Columbus – with all the opportunities that entails. iStone has had a fantastic growth since we started in 2006, and today we are market leaders in Sweden and Norway. Together with Columbus we will accelerate our business both in the Nordics and globally” say Markus Jakobson, CEO at iStone.
The merger of Columbus and iStone will happen gradually over the coming years. In the first phase iStone will continue its daily operation and will be working with Columbus within new business areas. iStone will operate under the name “iStone a Columbus company”.
Columbus is an Danish listed IT services company serving with 1,300 employees globally. We are experts in developing and providing digital business applications that help our customers in the digital transformation of their business. We are specialist within the industries retail, food and manufacturing and we have more than 25 years of experience. Columbus has offices in 10 countries and partners all over the world. www.columbusglobal.com
iStone is a Swedish business and IT corporation employing more than 600 people in 13 countries worldwide. Our experienced consultants implement and upgrade carefully selected, market-leading software, helping our customers to develop their business. All on the basis of in-depth system and industry knowledge, a well-proven methodology, and with sustainable responsibility. iStone’s customers counts companies like Lindex, Pågen, Toyota, Höganäs and Maersk Container Industry.
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