Stockholm, June 29, 2017. Addnode Group has acquired the Swedish software company Forsler & Stjerna and strengthens its position as a leading provider of solutions in public administration and traffic planning. The company has 13 employees and has a turnover of approximately SEK 20 M.

Forsler & Stjerna has 27 years of experience in software development in public transport. The company has, among other things, developed the REBUS planning system, which today is used by Sweden's 21 regional public transport companies.

– Public transport plays a central role in future sustainable urban and rural development. Forsler & Stjerna is therefore an important acquisition for us, as the company provides Addnode Group with profound expertise and modern system solutions in public transport. I also expect that we will be able to offer Forsler & Stella's customers a broader range of services in the future, "says Andreas Wikholm, President for Business Area Manager for Addnode Group Process Management.

Completion will take place on July 1, 2017 and the company will be part of Addnode Group's Process Management business area.