The acquisition of Capito means that Adcore further strengthens the strategic area with currently 300 strategy consultants, and also gains further cutting-edge skills within mySAP.com together with valuable knowledge within commercially critical fields such as CRM (Customer Relationship Management) and SCM (Supply Chain Management).
Capito’s business concept is to exploit the opportunities to link together operational processes, business systems and the Internet with the purpose of reinforcing the competitiveness of its customers. Capito’s view is that good e-commerce-solutions requires SCM, CRM and properly functioning business systems.
Adcore must grow aggressively in order to deal with the mushrooming increase in demand from customers regarding standard systems for e-commerce and operational support.
Capito, with offices in Alvik, Stockholm is a partner of SAP. Capito has existed for just over two years and has grown very rapidly with good profitability. The staff number just over 30, their average age is 33.5 years and they are all university graduates with long experience of business processes and ERP-projects.
Jan Maelum, Managing Director of Adcore Stockholm, commented that:
“Capito is a young, rapidly growing and profitable consultancy company. We are now continuing to build together on our recognised strong mySAP.com skills with the objective of becoming a leader in Sweden regarding consultancy services relating to standard systems for e-commerce and operational support. With the acquisition of Capito, we have in total 80 mySAP.com consultants and will become an even more attractive and credible partner for major corporations.”
Jörgen Nilsson, Managing Director of Capito Consulting, commented that:
“As a part of Adcore, we are able to offer a wider range and adopt a good position in the digital economy, both as regards market and supply. Adcore are the leading Digital Business Creators in Europe, with offices in eleven countries and we would like to be a part of the current very aggressive international expansion. We are choosing Adcore because they are run from the strategic perspective, which also creates opportunities to develop the skills of our staff.”
Capito will be consolidated as of October 1. The integrationprocess will be initiated immediately.
Stockholm 4 September 2000, Adcore AB (publ)