Budapest, Hungary – Graphisoft has announced that it has signed a Sale and Purchase Agreement with AV-Tech Group to acquire Abvent’s Archicad business units in France and French-speaking Switzerland. The acquisition is another milestone in Graphisoft’s journey as a leading global player in the AEC industry by investing in the growth of two of Europe’s most influential markets.
Abvent has been Graphisoft’s valued distributor in France since 1985 and in French-speaking Switzerland since 1991 and has built successful businesses in both countries, offering award-winning software solutions and high-quality support and training to thousands of architects.
“Abvent has built an impressive business based on local market knowledge and deep relationships with users by offering outstanding service and support,” said Huw Roberts, Graphisoft CEO. “This acquisition strengthens our position in these already highly successful French-speaking markets by integrating Abvent’s many years of deep local experience with Graphisoft’s global go-to-market expertise and best practices to add even more value for architects in the region,” he added.
“This is exciting news for both companies,” said Xavier Soule, AV-Tech Group CEO. “We are proud of the work we have done in France and Switzerland to grow the use of BIM and are confident that our customers will greatly benefit from Graphisoft’s hands-on approach to support, services, and long-term vision and mission in the AEC industry.”