Shuttleworth acquisition secures its position in the corrugated market

Shuttleworth Business Systems is delighted to announce that their subsidiary company CDM Solutions, has acquired Abraqsys Business Systems based in Northampton.

Abraqsys is a successful software development company with a particular expertise within the sheet feeding sector of the corrugated industry. This amicable acquisition provides a superb strategic fit with CDM Solutions business which already has an established client base in the corrugated market, both within integrated plants and the sheet plant sector.

CDM Solutions is a wholly owned subsidiary of Shuttleworth Business Systems based in Kettering, Northants, one of the world’s leading suppliers of Management Information Systems to the packaging industry.

Paul Deane, Joint Managing Director of Shuttleworth commented “we are delighted with CDM’s latest acquisition and are keen to further invest in its future. The acquirement of Abraqsys is a significant step in CDM’s development as it will further establish their presence in the packaging sector.”

“The acquisition is good news for customers across the Shuttleworth group as Abraqsys brings an important skill set into the group particularly in web technologies. In addition Abraqsys customers will benefit from all the resources available through the entire Shuttleworth portfolio” concluded Deane.

posted on Thursday, February 10, 2011 12:35 PM | Filed Under [ General ]