Acquisition of 4PS Group by Hilti successfully finalised
Schaan (FL) / Ede (NL), 5 October 2023 – The acquisition of 4PS Group by Hilti has been given the green light by the competent authorities. From today, 4PS Group is officially part of Hilti and a new phase in their integration begins.
In early July 2023, we were pleased to announce that Hilti would acquire 4PS Group. By adding 4PS’ innovative software solutions to Hilti’s existing software offering, we are joining forces to enable companies in the construction industry to optimise their business processes both now and in the future. This will strengthen Hilti and 4PS’ position as leaders in the digital transformation of the construction industry.
International digitalisation partner for the construction industry
“Like Hilti, we understand the challenges our customers face and offer advice and support in implementing our innovative software solutions. For us, this is an important step forward to take a leading position in the European market,” says Johan Bakker, director of sales and marketing at 4PS Group.
“With the integration of our services and cloud solutions into Hilti’s portfolio, together we can fully focus on becoming the trusted digitalisation partner for the construction industry,” adds Paula Middelkoop, director Product & Development.
Hilti is committed to keeping all 350 team members, including management, in their current positions. The former owners of 4PS Group will remain involved in the further integration of 4PS Group into Hilti through their role on the Board of Directors. Michael Neidow will be joining 4PS Group from Hilti as a director and will lead 4PS Group together with Johan Bakker (Director Sales & Marketing 4PS Group), Paula Middelkoop (Director Product & Development 4PS Group) and Luurt van der Ploeg (CFO 4PS Group).
About Hilti Group
The Hilti Group supplies the worldwide construction and energy industries with technologically leading products, systems, software and services. With about 32,000 team members in over 120 countries the company stands for direct customer relationships, quality and innovation. Hilti generated annual sales of more than CHF 6.3 billion in 2022. The headquarters of the Hilti Group have been located in Schaan, Liechtenstein, since its founding in 1941. The company is privately owned by the Martin Hilti Family Trust, which ensures its long-term continuity. The Hilti Group’s purpose is making construction better, based on a passionate and inclusive global team and a caring and performance-oriented culture.
About 4PS Group
As a market leader, 4PS has been developing, implementing and maintaining standard cloud-based software solutions for building construction, civil engineering and installation sectors for over 20 years. More than 350 professionals work daily on applications that improve efficiency for more than 450 customers around the world. 4PS Group has its headquarters in Ede (NL) and offices in Birmingham (UK), Ghent and Hasselt (Belgium) and Ulm (Germany).
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