Riga, 6 February 2018: Columbus has decided to sell Latvian branch and has signed contract with Aston Baltic. Due to the acquisition, Aston Baltic becomes an absolute AX ERP software market leader and #2 NAV partner in Latvia. Columbus remains a strategic partner in the market to provide service to pan-Baltic customers.
“The decision for acquisition was made because of our strong belief in Microsoft Dynamics ERP future. Growing as a company provides us the opportunity to exist in full potential for successful business in ERP implementation area,” says Raitis Svārpstons, Managing Director at Aston Baltic.
Columbus still remains the biggest Microsoft ERP software provider in the Baltics, with more than 140 employees in Estonia and Lithuania and revenues of 8,5 mEUR with a market share of around 30% in Baltics. “Our focus is still to serve customer across the Baltics and in cooperation joint forces with Aston Baltic we can successfully do that as well in Latvia” says Ivo Suursoo, General Manager Baltic States at Columbus.
The financial terms of the acquisition are not public.
About Aston Baltic
Aston Baltic, established in 2002, is an IT consulting and development company based in Latvia. Company is operating in all Baltic States with strong focus to the Latvian market. Company´s main business area is implementation and support of Microsoft Dynamics ERP software.
After acquisition, Aston Baltic will have more than 60 specialists “in-house” with strong expertise in implementation of the business management IT systems.
Columbus is global IT services company with headquarter in Denmark serving with more than 2,000 employees globally and 140 people in Baltics (Estonia and Lithuania). 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.
Contact for further information
+371 27 889 952