Hilti plans to acquire 4PS Group
The Hilti Group is seeking to expand its offering of software solutions for construction projects. To this end, the global construction machinery manufacturer based in Schaan in Liechtenstein is planning the acquisition of the 4PS Group. The Dutch firm specializes in business management solutions for the construction industry.
The Hilti Group is planning a takeover of the 4PS Group. The Dutch firm, which is headquartered in Ede on the outskirts of Arnhem and maintains branch offices in the UK, Belgium and Germany, is a specialist in the area of business management solutions for the construction industry, further details of which can be found in a corresponding press release. The acquisition still needs to be signed off by the relevant regulatory authorities, according to the press release. The company did not disclose any details regarding the purchase price in the press release.
“As a company closely working with customers, and with a focus on supporting the digital transformation of the construction industry, 4PS Group is a perfect fit for Hilti”, comments Thomas Hillbrand, member of the Hilti Executive Board, in the press release. “We also share the conviction that there is enormous productivity potential for construction companies in optimized business processes”, he adds. The 4PS solution should help to supplement Hilti’s software range for asset management and jobsite management.
The company’s 4PS Construct software is based on Microsoft Dynamics 365 Business Central and provides functionalities for managing construction projects. Construction firms can use it to monitor aspects such as profitability, as well as to plan and control the use of resources. “By integrating our services and cloud solutions into Hilti’s portfolio, we can together fully focus on becoming the trusted digitalization partner for the construction industry”, explains Paula Middelkoop, Director Product & Development at the 4PS Group. The 4PS workforce comprising roughly 350 employees including the management is set to be retained by the company following its integration in the Hilti Group.Back to overview