Var Group completed the acquisition of a 60% stake in InnoFour.

Var Group, an added-value IT solutions provider, completed the acquisition of a 60% stake in InnoFour, an electronic and mechanical design software solutions provider. Financial terms were not disclosed. “We’re excited to become part of the Var Group and Sesa Group family, where we can enhance our expertise, expand our reach, and contribute to the organization’s growth. By adding capabilities like Application Lifecycle Management and extending our presence into new territories, we aim to strengthen digital capabilities and develop innovative solutions that support engineering-driven enterprises across key European and international markets,” Peter Bakker, Jaap Schuurman, Rick Stroot and Bas Hassink, InnoFour Founders and Managing Partners.