Nemetschek Brand Graphisoft Strengthens its Business in France and French-Speaking Switzerland
The Nemetschek Group today announced that its subsidiary, Graphisoft, headquartered in Budapest, Hungary, has signed a Sale and Purchase Agreement with AV-Tech Group to acquire its distributor, Abvent, for France and French-speaking Switzerland. Graphisoft is part of the Planning & Design division at the Nemetschek Group.
- Graphisoft to acquire Archicad distributor for France and French-speaking Switzerland
- Investing in growth of two of Europe’s most influential markets
- Stronger relationships with and direct support for customers in France/Switzerland
Munich/Budapest, November 3, 2022 – The Nemetschek Group today announced that its subsidiary, Graphisoft, headquartered in Budapest, Hungary, has signed a Sale and Purchase Agreement with AV-Tech Group to acquire its distributor, Abvent, for France and French-speaking Switzerland. Graphisoft is part of the Planning & Design division at the Nemetschek Group. The acquisition is another milestone in Graphisoft’s journey as a leading global player in the AEC industry.
“France and the French-speaking parts of Switzerland are two of Europe’s most influential markets in the AEC industry,” says Viktor Várkonyi, Chief Division Officer Planning & Design Division of the Nemetschek Group. “Abvent has been a strong partner for us in these important markets. Their expertise will strengthen our positioning as one of the leading software providers for the AEC industry – and the acquisition will leverage our go to market expertise and bring us closer to the needs of our customers,” he concludes.
Abvent has been Graphisoft’s distributor in France since 1985 and in French-speaking Switzerland since 1991, offering award-winning software solutions and high-quality support and training to thousands of architects. The non-Graphisoft businesses from Abvent will be moved into a separate legal entity. The deal is expected to close in the next several weeks, at which time Abvent’s Archicad business units — including market relationships, employees, and assets — will become part of Graphisoft.
For further information on the Nemetschek Group, please contact:
Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 540459 250
szimmermann@nemetschek.com
About the Nemetschek Group
The Nemetschek Group is a pioneer for digital transformation in the AEC/O and the media & entertainment industries. With its intelligent software solutions, it covers the entire lifecycle of building and infrastructure projects, guides its customers into the future of digitalization and enables them to shape the world. As one of the leading corporate groups worldwide in this sector, the Nemetschek Group increases quality in the building process and improves the digital workflow for all those involved. Customers can design, build, and manage buildings more efficiently, sustainably and resource-saving. The focus is on the use of open standards (OPEN BIM). The portfolio also includes digital solutions for visualization, 3D modeling, and animation. The innovative solutions of the brands ALLPLAN, Bluebeam, Crem Solutions, dRofus, FRILO, Graphisoft, Maxon, Nevaris, RISA, SCIA, Solibri, Spacewell and Vectorworks in the four customer-oriented segments are used by approximately 6.5 million users worldwide. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs around 3,400 experts all over the world.
Publicly listed since 1999 and quoted on the MDAX and TecDAX, the company achieved revenue amounting to EUR 681.5 million and an EBITDA of EUR 222.0 million in 2021.
About Graphisoft
Graphisoft® empowers teams to create great buildings through award-winning software solutions, learning programs, and professional services for the Architecture, Engineering, and Construction industry. Archicad®, the architects’ BIM software of choice, offers a complete end-to-end design and documentation workflow for architectural and integrated architectural and engineering practices of any size. BIMx®, the most popular mobile and web BIM app, extends the BIM experience to include all stakeholders in the building design, delivery, and operations lifecycle. BIMcloud®, the AEC industry’s first and most advanced cloud-based team collaboration solution, makes real-time collaboration possible across the globe regardless of the size of the project and the speed or quality of the team members’ network connection. DDScad’s intelligent Mechanical, Electrical, Plumbing (MEP) design tools, integrated calculations, and comprehensive documentation solutions combine great architecture with peak building performance. Graphisoft is part of the Nemetschek Group. To learn more, visit www.graphisoft.com.