SeSa-backed Var Group completed the acquisition of a 60% stake in Cadlog.

SeSa-backed Var Group, a European platform of software solutions and digital engineering services, completed the acquisition of a 60% stake in Cadlog, a European distributor of software for design, simulation and electronic production. Financial terms were not disclosed. "Thanks to the acquisitions of Cadlog Group and Cimtec, the Sesa Group continues its growth abroad and in digital engineering, in areas with a strong manufacturing intensity and productive relevance, in support of the digitization of European industrial districts, expanding customer sets and human resources . We will develop the skills and innovative solutions successfully tested on the Italian market from a European perspective," Alessandro Fabbroni, Sesa CEO.