Addnode Group acquires 100% of the software GPS Timber

13 May 2024, 09:00 CEST

Icebound, a company in division Process Management, announces today that it has acquired 100% of the software GPS Timber. GPS Timber is a product that has previously been jointly and equally owned with Datapolarna. Net sales amounts to SEK 7.5 m.

GPS Timber is a product for timberyard logistics and driver support that facilitates accurate and efficient management of raw materials at sawmills and pulp mills. The product is currently installed in over 40 industry facilities around Europe.

The acquisition strengthens Icebound's offering and market position as an international player in digital solutions for the forest sector and other basic industries.

"GPS Timber is a vital system for clients who operates a sustainable and efficient sawmill or pulp mill industry. It is our second acquisition since we established Icebound earlier this year and is in line with our ambition to continuously invest in and develop our offering to the forest and timber industry”, says Staffan Bygden, CEO of Icebound.

For more information, please contact:
Andreas Wikholm, Division President Process Management, Addnode Group
Phone: +46 (0) 703 94 42 07

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  • Christina Rinman

    Head of Corporate Communication and Sustainability

    +46 (0) 709 711 213