AROBS consolidates its leading position in the fleet management market by acquiring Centrul de Soft GPS SRL
Cluj-Napoca, January 18, 2023 – AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, acquired Centrul de Soft GPS SRL, known on the market under the CDS brand, a Romanian company specialized in providing fleet management solutions.
“We are thrilled to start the year with yet another good news for our colleagues, partners, and investors, by signing a new M&A transaction, this time within the software product business line – fleet management of AROBS. The newly acquired entity will consolidate our position as a market leader in Romania thanks to the 1,000 new active clients that will join the more than 10,000 clients from the AROBS portfolio. Through this acquisition, we confirm the strategic importance of the software product business line, especially fleet management. In 2023, we enter the second year of AROBS on the capital market and aim to continue the accelerated growth through intense M&A activity. Also, by bringing next to us new companies, we constantly aim to increase our presence in the software products market,” stated Voicu Oprean, founder and CEO of AROBS.