AROBS Transilvania Software has acquired a 65% majority stake in Gess Engineering, expanding its expertise in automotive engineering and testing solutions.
Raluca Ioana Draghici
Economy
https://arobs.com/
Always see our news on Google
AROBS Transilvania Software, listed on the Bucharest Stock Exchange, has announced the acquisition of a 65% majority stake in Gess Engineering, a Romanian company specialized in testing and integration solutions for vehicles. This is AROBS's third transaction this year, following the attraction of 30 million euros for growth through mergers and acquisitions. Gess Engineering, founded in 2018, generated revenues of approximately 22 million lei in 2024 and will continue to be led by the current team. The transaction will enhance AROBS's engineering capabilities in the automotive field and will allow for the delivery of more complex solutions. This will contribute to the expansion of the client portfolio and the integration of the technical expertise of both companies.
Sources
Compania de tehnologie AROBS Transilvania Software a achiziţionat 65% în Gess Engineering, companie de inginerie din Sibiu specializată în testarea şi validarea sistemelor auto
Tranzacție - AROBS cumpără pachetul majoritar la Gess Engineering
AROBS Transilvania Software cumpără un pachet majoritar al Gess Engineering din Sibiu
AROBS a achiziționat 65% din Global Engineering Services & Solutions SRL
Arobs Transilvania continuă achizițiile și preia 65% din firma sibiană Global Engineering Services & Solutions
AROBS Transilvania Software, cea mai mare companie de tehnologie de la Bursa de Valori, a Gess Engineering din Sibiu
Latest News
22:51
NYT: Jensen Huang, Nvidia’s chief executive, reportedly had ties to a businesswoman suspected by the U.S. of transmitting information to Beijing
22:27
Minister of Labor, Florin Manole, announces that pensions and one-off financial aid payments in December will be paid in full and on time
22:21
Energy Minister Dumitru Chisăliță calls for realistic European rules, investment in grids and affordable energy prices
21:53
Maia Sandu revoked citizenship for three people / Two members of the separatist legislature in Tiraspol are accused of promoting the ideology of the “Russian world”
21:21
HiSky announces that it has paid its outstanding payment obligations to ROMATSA
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
