Combined Excellence builds on by acquiring Elvenite, a leading service provider to the food industry with excellence in ERP and Business Intelligence.

During its 10 years, Elvenite has delivered stable growth and profitability and has a solid customer base with customers such as Marine Harvest, Lantmännen, Kavli, Skånemejerier, Coop Värmland and Elkem.

In the same way as before, Elvenite will continue to operate as a contractor-driven company under its own name and from now on as part of Combined Excellence.

"We are strengthening ourselves within our service domain Digital operations, where we strongly believe in Elvenite's excellence in industry-specific core processes. We are thus supplementing our offer with both the world-leading ERP system Infor M3 and at the same time broadening our expertise around the analysis platform Qlik. Add to that another 45 extremely talented colleagues in the group. It feels hugely exciting. Together we become even stronger and see good opportunities for business synergies going forward", says Niklas Hellberg, chairman of Combined Excellence AB.

“We are extremely proud and happy to become part of Combined Excellence. Our clear industry focus with well-known brands in the customer portfolio, similar corporate cultures and not least competent and committed employees means that our companies fit very well together," says Johan Gotting, CEO of Elvenite AB.

"As part of Combined Excellence, Elvenite contributes with local anchoring as well as international experience and scope. Our close collaboration with the world-leading business system supplier Infor and other partners is a key element in our strategy going forward as well. We shall continue to deliver value and customer benefit by combining the flexibility and rapid mobility of the small company with the resources and capabilities of the large company."
"Last but not least, the deal means more career opportunities for our talented employees", concludes Johan Gotting, CEO of Elvenite AB.

 

ABOUT COMBINED EXCELLENCE

Combined Excellence is a group with a focus on active ownership of expert companies with operations in digitization. We grow together and through collaboration we create synergies. The group, with its operating companies Ninetech AB, Netgain AB, CloudPro AB, SiteDirect AB, TWO AB, Viewbase Solutions AB and Smartsourcing AB, has a turnover of just over SEK 270 M (RTM) with a rapid growth rate. The group also owns interests in Beebyte AB.

 

ABOUT ELVENITE

Elvenite AB with offices in Stockholm, Karlstad and Oslo employs approx. 45 people including the subsidiary Elvenite Managed Services AB. Elvenite is a world-leading service provider to the food industry with excellence in ERP and Business Intelligence. The company's value proposition spans Infor M3, Qlik and Microsoft platforms for analytics and data warehousing. The subsidiary Elvenite Managed Services offers effective overall commitments regarding the management and support of M3 installations and data warehouse solutions. The Elvenite Group has a turnover of approx. SEK 56 M (RTM).

Elvenite
Tynäsgatan 10
65216, Karlstad

+46(0) 54- 15 01 15

info@elvenite.se

https://elvenite.se/

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