ABRA Holding strengthens yet again. The group has expanded with the acquisition of Logio, a Czech leader in Supply Chain Management.
The Czech-German investment group ABRA Holding, which focuses on investments in technology and connecting cutting-edge software companies in Central Europe, has welcomed the Logio tech consulting company to the group. This leading Czech enterprise operating in Supply Chain Management provides services to major corporations such as Škoda Auto, Plzeňský Prazdroj, Rohlík, DM drogerie and Albert. Through extensive investments and technological know-how, ABRA Holding with strengthen the development of Logio products and its expansion to European markets.
With this large-scale investment, ABRA Holding will acquire a 75% stake in Logio, but its governance will remain in the hands of the current management. “We have a shared vision of the future, which is essential in our selection of partners. What’s more, Logio products and services organically evolve our group’s portfolio,” says Jaroslav Řasa, CEO and co-owner of ABRA Holding. “For Logio, the merger means new possibilities and opportunities in acquiring customers,” he adds. Logio will strengthen the product portfolio, which already includes the legendary ABRA Software, a leader in corporate information systems. The group also includes INEKON SYSTEMS, a specialist in Business Intelligence, and FLORES software solutions.
Logio has been on the market for over twenty years and plans to expand to Western markets in cooperation with ABRA Holding. “In the first phase, we will focus on improving the product to meet the needs of German-speaking countries and will later expand to other European countries. In the mid-term, we expect to generate over 50% of our business in countries outside the Czech Republic,” Marek Šucha, CEO and co-owner Logio, explains the company’s plans.
In recent years, Logio has often worked for foreign clients or multinational enterprises, typically in the automotive, FMCG and production planning segments. The company would now like to focus more on expanding and acquiring its first contracts abroad. “Finding efficiency in retail management or production planning is a never-ending process, and we realize that an immense space to grow beyond the Czech Republic has opened up before us,” adds Jan Jirovec, Sales Director and co-owner of Logio. “The background of a strong partner will also allow us to finalize and fine-tune our solutions on a global level,” he concludes.
“With over 30 years of professional expertise, we connect amazing teams, applications, technologies and investments in the heart of Europe to deliver exceptional customer benefits. We love IT, we care about technology, and we understand them. We’re not just financial investors. We’re creating a big thing,” adds Monika Vondráková, Vice President of ABRA Holding.
About ABRA Holding
We are a joint enterprise of the German Elvaston investment group and the Czech creators of the legendary ABRA Software brand. We connect amazing teams, experts, applications, technologies and investments in the heart of Europe to deliver exceptional benefits to customers, employees and investors across the continent. And we love it. More: www.abraholding.eu.
About Logio
Logio is a Czech tech consulting company that has been delivering complete Supply Chain Management solutions to its customers since 2004. It conquered the market with its comprehensive approach and combination of cutting-edge mathematics with the expertise of consultants. Thanks to this synergy, it can offer customers tailored “data-driven” solutions. Logio’s mission is to optimize supply chains, eliminate potential bottlenecks and help clients to grow. More information at www.logio.com.
Kontakty:
Monika Vondráková, tel: 603 803 390, monika.vondrakova@abra.eu
Radim Jung, tel: 731 529 397, jung@logio.cz