The Glue completed the acquisition of a majority stake in Hyfen from APG.

The Glue, a designer and developer of application software solutions, completed the acquisition of a majority stake in Hyfen, a spin-off of APG focused on developing platforms for complex and cross-business processes. Financial terms were not disclosed. “Much remains to be done on the European playing field of pension service providers. By joining forces and focusing on the creation of platforms with innovative data exchange, we want to deliver added value in this domain,” Paul Grimbers, The Glue CEO.