Vitec acquires Dutch software company ABS Laundry Business Solutions

Vitec Software Group AB (publ) is strengthening its position in Vertical Market Software on July 06, by acquiring all shares in ABS Laundry Business Solutions (ABS) with headquarters in Boxtel, the Netherlands. ABS reported sales of SEK 203 million for the 2021 financial year.

ABS was founded in 1987 and is the global market leader in software for the laundry industry. ABS focuses primarily on multi-plant industrial launderers active in various industries, predominantly healthcare, hospitality, and industrial verticals such as construction and manufacturing.

ABS serves over 650 laundry facilities across 5 continents, with more than 15,000 active users. With offices in the Netherlands, United States, Romania, France, Belgium, Germany, Denmark and Japan.

ABS has 35 years of experience and is the leading independent provider of software for the global laundry and textile rental industry.

Vitec has a strong position and holds broad expertise in vertical software. The Group’s overall processes together with the employees’ in-depth knowledge of the customer’s local market enables continuous improvement and innovation. Vitec has 1,050 employees, is listed on Nasdaq Stockholm, and had net sales of SEK 1,571 million in 2021