Announced

Var Group to acquire a 55% stake in SMART Engineering.

Synopsis

Var Group, an IT business management consultant, agreed to acquire a 55% stake in SMART Engineering, a Computer Aided Engineering software solutions provider. Financial terms were not disclosed. “We are glad to join Var Group and Sesa Group organization, to accelerate our skills development and to contribute with our know-how to the development of Var Industries organization, improving all the digital skills of our human capital, with innovative solutions developed for the benefit of engineering-intensive enterprises of the main European and international districts,” Rolf Bröske, SMART Engineering Founder.

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